Nomura Holdings is exploring the possible sale of its crypto business, Laser Digital Holdings AG, according to reports. The discussions are linked to financial pressure at the Zurich-based unit, and follow continued weak performance tied to Nomura’s European operations.

Bloomberg reports that Laser Digital’s losses last year contribute to a broader downturn, with the brokerage’s European operation moving into the red and reporting a fourth straight quarterly loss. Other outlets echo the same core idea, with Seeking Alpha describing the consideration of selling the Laser Digital crypto division. Cointelegraph similarly points to the potential sale, citing Bloomberg’s reporting.

Across coverage, the main shared facts are that Nomura is considering a sale of Laser Digital and that the crypto unit and European operations have faced losses. Differences are limited in the provided summaries, which offer varying emphasis on the number of quarters affected and the geographic or operational context behind the losses.