Nomura’s Laser Digital applies to open U.S. national trust bank for crypto custody
Laser Digital, the digital assets arm of Japanese investment bank Nomura, said it filed an application with the U.S. Office of the Comptroller of the Currency (OCC) to open a federally regulated national trust bank, joining a number of crypto companies looking to off asset management services for the digital assets industry.
The proposed Laser Digital National Trust Bank would be based in the U.S. and serve institutional clients with custody for cryptocurrencies and U.S. government securities. It would also offer spot trading for both crypto and fiat currencies, along with staking services for eligible digital assets held in custody, according to a Tuesday press release.
If approved, Laser Digital would join a small group of federally…
