Nomura (NMR) Subsidiary Laser Digital Receives Conditional Approval for US National Trust Bank Charter

Nomura Holdings Inc. (NYSE:NMR) is one of the top value stocks to buy under $10. On May 29, Reuters reported that Nomura’s digital asset subsidiary, Laser Digital, has received conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter in the US. Upon final sign-off, the firm will be authorized to hold and administer both conventional and digital assets under federal supervision. The company will focus on institutional services, explicitly excluding deposit-taking and lending.

The new subsidiary, Laser Digital National Trust Bank, aims to facilitate cross-border payments and collateral management across crypto and traditional markets. This expansion into the U.S. market is supported by a clearer regulatory environment, driven by legislative developments like the GENIUS Act, which have boosted institutional confidence in tokenized assets and stablecoins.

This move reflects a broader trend of legacy financial institutions increasing their investment in digital asset infrastructure. With at least 15 similar bank charter applications submitted to the OCC since 2025, Laser Digital joins other major firms in integrating digital assets into the mainstream financial system.

Nomura Holdings Inc. (NYSE:NMR) is a Japanese multinational financial company. It offers wealth management, investment banking, and brokerage services, among others. Nomura was founded in 1925 and operates across the Americas, Europe, and Asia.

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