Japan’s Largest Brokerage Nomura Explores Sale of Crypto…
By Karthik Subramanian
AI summary of the source article
Nomura Holdings is exploring a potential sale of its cryptocurrency subsidiary Laser Digital, holding preliminary discussions with prospective buyers including Marex. The move follows trading losses and a ¥7.4 billion quarterly pretax loss in Nomura's European operations.
Why it matters
A transaction could broaden Marex's digital asset capabilities while allowing Nomura to reduce direct exposure to cryptocurrency trading volatility.
Key facts
- Nomura is in preliminary talks with buyers, including London-listed Marex, regarding a potential sale of Zurich-based Laser Digital.
- Nomura's European operations reported a pretax loss of ¥7.4 billion ($46.5 million) for the quarter ended September 30, 2026.
- Laser Digital recently obtained a Japanese cryptoasset exchange license and received preliminary conditional approval from the U.S. OCC for a trust bank.
Source excerpt · FinanceFeeds
Nomura is reportedly in preliminary discussions with potential buyers, including Marex Group, as cryptocurrency market volatility weighs on its European operations and prompts a reassessment of its digital asset strategy. Japan's largest brokerage, Nomura Holdings, is exploring a potential sale of its cryptocurrency subsidiary Laser Digital Holdings AG after trading losses contributed to financial…