PANews reported on January 30th, citing Bloomberg, that Nomura Holdings stated its European digital asset subsidiary, Laser Digital Holdings, is reducing its exposurePANews reported on January 30th, citing Bloomberg, that Nomura Holdings stated its European digital asset subsidiary, Laser Digital Holdings, is reducing its exposure
Nomura Holdings: Reducing the risk exposure of its European digital asset subsidiary
Haber Özeti
Bloomberg reported on January 30th that Laser Digital Holdings—Nomura's European digital asset division—is pulling back its crypto positions. During an earnings call, CFO Hiroyuki Moriuchi explained how Q3 market volatility had dealt the unit some blows, prompting tighter position controls to reduce risk exposure. That said, Moriuchi emphasized that Nomura remains committed to digital assets and intends to expand the business in the months and years ahead.
PANews reported on January 30th, citing Bloomberg, that Nomura Holdings stated its European digital asset subsidiary, Laser Digital Holdings, is reducing its exposure to crypto assets. Hiroyuki Moriuchi, Nomura's CFO, stated at the earnings conference that due to Laser Digital's losses incurred in the third quarter due to market volatility, strict position management is currently being implemented to mitigate risk. Moriuchi emphasized that Nomura's commitment to its digital asset-related business remains unchanged, and the company still plans to expand its business in the medium to long term.
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