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Nomura weighs sale of crypto unit after European losses

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Nomura Holdings Inc. is considering the sale of its crypto business, Laser Digital Holdings AG, following financial losses that impacted the firm's European operations. The Zurich-based entity's struggles last year contributed to a broader downturn in Nomura's European division.

The Japanese securities firm is in discussions with potential buyers, including Marex Group Ltd., which is assessing the deal. However, no final decision has been reached, and Nomura may choose to sell to another party or retain the business.

According to sources familiar with the matter, the information remains private, and the individuals involved requested anonymity due to its confidential nature.

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