Laser Digital, the crypto subsidiary of Japanese financial services giant Nomura, has invested in Webn to bring more crypto-related services to financial institutions.
As part of the partnership, Jez Mohideen, chief executive officer of Laser Digital, willas a non-executive director, the company said in an announcement today. Laser Digital and Webhas incubated a number of web3 businesses, including cryptography research house Geometry, DeFi protocol Trufin and non-custodial staking provider Twinstake.
“We set a realistic target for ourselves to incubate and build out two to three new businesses every calendar year, roughly,” Panwar added. © 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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