Laser Digital, a subsidiary of Japanese financial giant Nomura Holdings, has confirmed it is actively engaging with Japan’s Financial Services Agency (FSA) to secure a cryptocurrency trading license. The move positions the firm to capitalize on Japan’s rapidly expanding institutional digital asset market, which has seen growing participation from major financial players seeking regulated exposure to cryptocurrencies.
Industry sources indicate that Laser Digital’s application focuses on establishing compliant trading infrastructure tailored to institutional clients, including asset managers, pension funds, and corporate treasuries. This strategic initiative aligns with Japan’s progressive regulatory framework that has attracted significant institutional capital to the digital asset space while maintaining robust investor protections.
The licensing process represents Nomura’s latest effort to expand its digital asset offerings following increasing client demand for cryptocurrency exposure. Japan’s crypto market has demonstrated substantial growth in institutional participation, with established financial institutions developing sophisticated custody solutions and trading platforms to meet evolving market needs.
Market analysts note that successful licensing would position Laser Digital among a select group of regulated entities authorized to provide comprehensive crypto services to Japan’s sophisticated institutional investor base, potentially accelerating mainstream adoption of digital assets within the country’s financial ecosystem.