Nomura Holdings is evaluating a sale of its Zurich-based crypto unit Laser Digital after its European division posted a 7.4 billion yen ($46.3 million) pretax loss in the September quarter, marking its fourth straight quarterly deficit.
Nomura's European operations booked a 7.4 billion yen ($46.3 million) pretax loss in the September quarter, their fourth straight, which is a mild negative. Weighing a sale of the loss-making crypto unit Laser Digital could shed a drag, but no decision has been made and Nomura may retain the business, so positives and negatives roughly offset.
Marex is only assessing a possible acquisition of Laser Digital, a Zurich-based crypto trading and asset management unit whose parent's European operations are losing money. Nothing has been agreed and no deal terms exist, so there is no hard fact to move the shares on.
Nomura Holdings is considering a potential sale of its crypto unit, Laser Digital, following four consecutive quarters of losses in its European operations. The Japanese brokerage has engaged in preliminary talks with potential buyers, including Marex Group, though no final decision has been reached. Nomura's European business reported a 7.4 billion yen ($46.3 million) pretax loss for the quarter ended Sept. 30.
It is only considering it. Talks with potential buyers such as Marex Group have taken place, but no decision has been made and Nomura could keep the unit.
The European business lost 7.4 billion yen ($46.3 million) pretax in the September quarter, the fourth straight quarterly loss, though Laser Digital's exact contribution is not disclosed.
No. Marex is only assessing a possible deal; there is no agreement and Nomura has made no decision to sell.