Laser Digital, a subsidiary of Nomura Securities, plans to apply for an institutional crypto trading license in Japan

Foresight News reported, according to Bloomberg, that Nomura Holdings plans to expand its presence in the Japanese digital asset market through its subsidiary, as the country's cryptocurrency trading is heating up. Jez Mohideen, CEO of Nomura's wholly owned subsidiary Laser Digital Holdings AG, stated that the company is preparing to apply for a license to provide cryptocurrency trading services to institutional clients in Japan. Currently, this Switzerland-based subsidiary is holding preliminary consultations with the Financial Services Agency of Japan.