Laser Digital Americas Group Holdings, the digital asset unit of Nomura Group, is the latest entity to pursue a national trust bank charter.
The proposed Laser Digital National Trust Bank would be supervised by the Office of the Comptroller of the Currency.
The proposed trust bank would serve institutional customers by offering custody of digital assets integrated with spot trading of crypto and fiat currencies.
“Institutional digital asset markets are entering a new phase defined by scale, regulation, and durability,” Steve Ashley, Laser Digital’s chairman and co-founder who would chair the proposed trust bank, said in the release.