Global financial services group Nomura Holdings, Inc. has named its new digital asset business “Laser Digital” and incorporated holding company Laser Digital Holdings AG in Switzerland.
Nomura’s operations cover 30 countries and regions. The company serves the needs of individuals, institutions, businesses and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking) and Investment Management.
Leveraging Nomura’s expertise in the institutional investor business and global customer base, Laser Digital will bring new value to its clients in the digital asset space.
Laser Digital will be led by Steven Ashley as Chairman and Jez Mohideen as CEO. The company is expected to announce new services and product lines soon as it moves forward with the company’s phased launch. The company will focus on three main areas: secondary trading, venture capital and investor products.
The first product to launch will be Laser Venture Capital, which will invest in companies across the digital ecosystem, with a focus on Decentralized Finance (DeFi), Centralized Finance (CeFi), Web3 and Blockchain infrastructure.
Kentaro Okuda, Nomura Holdings, Inc., Group Chairman and CEO, said, “Staying at the forefront of digital innovation is a key priority for Nomura. That’s why, alongside our efforts to diversify our business, we announced earlier this year that Nomura would create a new subsidiary focused on digital assets.”