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Nomura Weighs Sale of Zurich-Based Crypto Unit Laser Digital

Source
JH Kim

Summary

  • Nomura is considering a sale of its Zurich-based cryptocurrency subsidiary Laser Digital, according to a report.
  • Laser Digital posted a loss last year, which reportedly pushed Nomura’s European business into the red.
  • A sale has not been finalized, and specific sale terms or a timeline have not been disclosed.

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Nomura Holdings Inc. is considering a sale of Laser Digital, its Zurich-based cryptocurrency subsidiary, Bloomberg reported on Nov. 11.

Bloomberg said Nomura is reviewing a potential sale of Laser Digital.

Laser Digital posted a loss last year, which reportedly pushed Nomura’s European business into the red.

A sale has not been decided, and specific terms or a timeline have not been disclosed.

Photo: Shutterstock
Photo: Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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