Nomura's Laser Digital applies to open U.S. national trust bank for crypto custody
Nomura's digital asset arm, Laser Digital, applied to the OCC for a U.S. national trust bank license to offer institutional crypto custody and trading.Summary
Laser Digital, the digital asset division of Japanese investment bank Nomura, has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a license to establish the Laser Digital National Trust Bank. This proposed federally regulated institution aims to serve institutional clients by offering cryptocurrency custody, spot trading for crypto and fiat currencies, and staking services for eligible digital assets held in custody. Laser Digital's Chief Legal Officer, Purvi Maniar, stated that the National Trust Bank framework provides the familiar, well-governed, and regulated structure institutional clients seek for engaging with digital assets. If approved, Laser Digital would join a select group of crypto-native institutions operating under direct federal supervision. The proposed bank will not initially offer deposit accounts or securities trading.
(Source：CoinDesk)