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Lennox Kalifungwa

Nomura’s Laser Digital Middle East Authorized For Virtual Asset Services In Dubai

Nomura Dubai VARA Elysium

With its base in the emirate, Laser Digital Middle East is now authorized to provide virtual asset (VA) broker-dealer services and VA management and investment services, having successfully navigated all four stages of the licensing process. JJ YING. UNSPLASH.

Financial behemoth Nomura’s (NYSE: NMR) digital asset subsidiary, Laser Digital, has secured an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA).

This marks the culmination of the licensing process, according to a company announcement on Tuesday.

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