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Nomura’s Crypto Subsidiary Laser Digital Expands into Japan with New Office

Laser Digital has been gradually expanding its array of services. In September, it unveiled a “long-only” Bitcoin exposure fund for its institutional clients called the Bitcoin Adoption Fund. Laser Digital, the digital asset arm of Japanese financial services giant Nomura, has opened a new office in Tokyo. The move is part

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Singapore awards major payment institution license to Sygnum Bank subsidiary

Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited investors and institutions in Singapore.On Oct. 3, Sygnum Singapore announced receiving its Major Payment Institution Licence (MPIL) from the Monetary Authority of Singapore (MAS). Speaking to Cryptox, a Sygnum Singapore spokesperson

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Animoca Brands subsidiary to launch a metaverse token on Bitcoin

Darewise Entertainment, a subsidiary of Animoca Brands, is partnering with Horizen Labs to develop the first metaverse token on Bitcoin. Horizen Labs, a blockchain firm, will guide on token development and provide consulting services. This deal aims to roll out the first-ever metaverse token designed on the Bitcoin(BTC) network. Both firms

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New York’s Attorney General investigating DCG’s subsidiary

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Digital Currency Group’s subsidiary, Genesis Global Capital, is reportedly being investigated by the New York State Attorney General’s Office (NYOAG).  This development compounds the mounting series of ongoing inquiries directed at DCG’s financial operations. US federal prosecutors and

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Nomura Subsidiary Laser Digital Backs $6M Round for On-Chain Fund Platform Solv Protocol

"Solv has built a trustless institutional DeFi platform integrating brokers, underwriters, market makers, and custodians to create the first fund infrastructure on the blockchain to bridge DeFi, CeFi and TradFi liquidity,” said Olivier Deng, global chief operating officer for the wholesale digital office at Nomura, in the press release. Original Source

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Société Générale subsidiary becomes the first fully-licensed crypto provider in France

Forge, a subsidiary of Société Générale — the third-largest bank in France — became the first company to obtain the highest access license for providing crypto services in the country — a prerequisite for numerous service activities (PSAN). The provider will have a right to custody digital assets, to purchase

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Siemens Energy Stock Loses 35% as Review of Issues at Subsidiary Shows Wind Turbine Problems Could Last for Years

Siemens Energy CEO Christian Bruch said that “too much had been swept under the carpet” concerning Siemens Gamesa. Shares of Siemens Energy declined 35% earlier today as the company discarded its profit prediction and mentioned lasting wind turbine issues. Following a review of concerns at its subsidiary Siemens Gamesa, the company

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