Nomura’s Crypto Subsidiary Laser Digital Opens Office in Japan Laser Digital, the digital asset subsidiary of financial services giant Nomura,
has opened a new Tokyo base, to expand its presence in the Far East.
Former Nomura’s
executive director Hideaki Kudo, has been appointed to head the new office
in Japan. Kudo has previously worked on several projects for Nomura
including the development of security tokens for Nomura Group. He also served as a senior portfolio manager
at Nomura Asset Management, the company said in an announcement on Monday.
“Kudo-san’s experience at the Digital Company will be invaluable to Laser Digital’s development and growth, we are thrilled to welcome him to our team,”
Nomura’s co-founder Steven Ashley noted.
“To optimize support of our trading business we wanted to have 24/7 operational management, so for coverage in the far east Japan was obviously our top choice.”
Laser Digital’s expansion into Asian markets comes a week after the firm announced receiving an in-principal license
to operate in Dubai. On
Sept. 26, the Abu Dhabi Global Market (ADGM), an international financial free zone
in Abu Dhabi, granted the operational license to provide broker-dealer services
and asset/fund management services in relation to both virtual and traditional assets.
