Digital asset company Laser Digital approved to establish a national trust bank in the United States

Foresight News reported that Laser Digital, the digital asset company under Japanese financial group Nomura Holdings, has received preliminary and conditional approval from the US Office of the Comptroller of the Currency (OCC) to establish the Laser Digital National Trust Bank. If fully approved, this entity will operate as a federally regulated trust institution, providing custody and management services for tokenized assets, digital assets, and traditional assets to institutional clients, as well as supporting services such as stablecoins, cross-border payments, and collateral management. According to disclosures, full approval is contingent upon the company meeting minimum capital and other requirements, and the entity does not intend to engage in deposit-taking or lending activities.