Nomura Holdings Launches Crypto Venture Capital Unit Laser Venture Capital

Nomura Holdings will launch a crypto venture capital unit as part of its new digital asset business. The unit, called Laser Venture Capital, will invest in companies in the digital ecosystem with a focus on decentralized finance (DeFi), centralized finance (CeFi), web3 and blockchain infrastructure. Steven Ashley and Jez Mohideen will serve as Chairman and Chief Executive Officer, respectively, of Nomura Laser’s digital encryption business. As part of the new role, Ashley has resigned from his previous role as head of the bank’s wholesale division.