Nomura’s Laser Digital has received regulatory approval from Abu Dhabi Global Market (ADGM) to offer broker-dealer and asset management services for both virtual and traditional assets. This move allows Laser Digital, led by CEO Jez Mohideen, to strengthen its presence in the UAE’s growing digital asset industry. The company, initially established in Switzerland in 2022, has been expanding globally, including to the Middle East. ADGM’s Chief of Market Development, Arvind Ramamurthy, welcomed Laser Digital, emphasizing their alignment with ADGM’s best practices and progressive regulations.
