Laser Digital, a digital asset subsidiary of Japanese banking giant Nomura, has secured the first limited license to offer over-the-counter crypto derivatives. The offering includes products for hedging, yield enhancement, and volatility management. Laser Digital is the first firm authorized to provide institutional-grade crypto options directly to clients under the VARA framework.

Laser Digital, a digital asset subsidiary of Japanese banking giant Nomura, has secured the first limited license to offer over-the-counter crypto derivatives. The offering includes products for hedging, yield enhancement, and volatility management. Laser Digital is the first firm authorized to provide institutional-grade crypto options directly to clients under the VARA framework.

Source: https://cryptoslate.com/nomuras-laser-digital-secures-regulatory-greenlight-to-launch-otc-desk-for-crypto-options-in-uae/