Nomura Explores Sale of Laser Digital Crypto Unit

Nomura Holdings Inc. is exploring the sale of its cryptocurrency business, Laser Digital Holdings AG, after losses at the Zurich-based entity contributed to a deficit across the brokerage's entire European operation last year.

The Japanese securities firm is currently in discussions with potential buyers to divest the unit. Marex Group Ltd. is among the parties evaluating the deal, though no final agreement has been reached. Nomura maintains the option to retain the business or seek a different buyer.