Nomura Invests in UAE Blockchain Firm to Boost Private Credit

Nomura's Laser Digital has made a strategic investment in UAE-based ZIGChain to develop on-chain private credit products across the Gulf region.

The move is aimed at expanding financial services and digital asset adoption in the Middle East, according to an announcement by KuCoin. This partnership combines Nomura's expertise with ZIGChain's innovative approach to blockchain technology.

The partnership will enable the development of private credit products that are fully integrated into the blockchain, providing a secure and transparent means for financial transactions. This investment marks another step in the growth of digital assets and their integration into traditional finance systems.