Nomura's Laser Digital Seeks US Trust Charter to Expand Crypto Custody Services

Laser Digital, the cryptocurrency subsidiary of Japanese financial giant Nomura Holdings, has officially applied to become a U.S. national trust bank. This strategic move aims to establish a regulated entity dedicated to providing digital asset custody services for institutional clients in the United States. The application, filed with the Office of the Comptroller of the Currency (OCC), represents a significant step in bridging traditional finance with the evolving crypto ecosystem. By securing a federal trust charter, Laser Digital intends to offer secure and compliant custody solutions for Bitcoin (BTC), Ethereum (ETH), and other major cryptocurrencies, meeting the growing demand from asset managers and corporations. This initiative underscores Nomura's long-term commitment to the digital asset space and reflects increasing institutional adoption of blockchain technology and crypto services.