Nomura's Laser Digital acquires digital asset trading solutions firm Elysium Technology

Quick Take

  • Nomura’s digital asset business Laser Digital is acquiring Elysium Technology Group. 
  • Through the acquisition, both firms intend to provide better digital asset post-trade offerings to institutional investors. 

Laser Digital, a digital asset subsidiary of Nomura, is acquiring the trading solutions firm Elysium Technology Group. 

The transaction is expected to close imminently, the companies said in a statement, adding that the deal is a "significant milestone for both companies as they join forces to bring cross-asset post-trade capabilities to institutional digital asset investors."

Elysium focuses on providing over-the-counter, post-trade solutions for foreign exchange and digital assets with its RiskDB and MatchHub services. RiskDB minimizes trading costs through smoothing out post-trade workflows, while MatchHub software matches, reconciles and settles real-time transactions.

"The acquisition of Elysium is a strategic move that aligns perfectly with our vision for the future of finance," said Laser Digital Executive Chairman Steve Ashley. "Combining Laser Digital with Elysium’s RiskDB and MatchHub platforms will enable us to deliver the cross-asset post-trade system institutional digital asset investors require.”

Laser Digital made other investments this year, most notably in the DeFi protocol Infinity Exchange in February and the crypto trading firm CrossX in March, The Block previously reported. 

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