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.

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