Nomura Explores Sale of Laser Digital After European Operations Record $46.5M Loss

According to Bloomberg on November 11, Nomura is exploring a potential sale of its cryptocurrency subsidiary Laser Digital Holdings AG after trading losses contributed to financial difficulties in European operations. The Japanese brokerage has held preliminary discussions with prospective buyers, including London-listed financial services group Marex, which is evaluating a possible acquisition.

Nomura's European operations recorded a pretax loss of ¥7.4 billion, approximately $46.5 million, during the quarter ended September 30, marking their fourth consecutive quarterly loss. No final decision has been made, and Nomura could retain Laser Digital or pursue negotiations with other buyers.

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