Nomura Holdings Considers Sale of Laser Digital Crypto Division
Nomura Holdings (NMR) is reportedly reviewing the potential sale of its cryptocurrency unit, Laser Digital Holdings. This strategic review follows significant financial losses incurred by the Zurich-based division during the previous fiscal year. The losses sustained by the crypto arm were substantial enough to impact Nomura's broader European operations, contributing to overall deficits in that region. The move suggests a potential pivot or restructuring as the brokerage evaluates its exposure to digital asset markets.
Tickers: $NMR
Topics: Asset Sale Crypto Losses