Nomura Holdings is exploring the sale of its crypto business Laser Digital Holdings, after losses at the Zurich-based entity last year pushed the brokerage’s entire European operation into the red.Japan’s largest securities firm is talking to potential buyers including Marex, which is evaluating the deal, according to people familiar with the matter. No final decision has been made, and Nomura could end up selling it to another party or holding onto the business, said the people, who asked not to be identified because the information is private.Spokespeople for Nomura and Marex declined to comment.
Nomura explores possible sale of Laser Digital crypto unit
Japan's largest securities firm is talking to potential buyers including Marex, which is evaluating the deal.
In brief
Nomura Holdings is exploring the sale of its crypto business Laser Digital Holdings, after losses at the Zurich-based entity last year pushed the brokerage’s entire European operation into the red.Japan’s largest securities firm is talking to potential buyers including Marex, which is evaluating the deal, according to people familiar with the matter. No final decision has been made, and Nomura could end up selling it to another party or holding onto the business, said the people, who asked not to be identified because the information is private.Spokespeople for Nomura and Marex declined to comment.
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