Nomura Weighs Sale of Crypto Subsidiary Laser Digital; Marex Evaluating Deal
Nov 12, 02:52
November 12 — According to Bloomberg, people familiar with the matter said Japan's largest brokerage Nomura Holdings is considering selling its crypto business subsidiary Laser Digital Holdings AG. It is currently in talks with potential buyers including Marex Group, which is evaluating the deal. The people said Nomura has not made a final decision and may ultimately sell to another party or may keep the business. Spokespeople for Nomura and Marex both declined to comment. The report said Zurich-based Laser Digital posted a loss last year due to sharp volatility in the crypto market, dragging Nomura's European business into an overall loss.