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Japan Grants First Crypto Approval in Four Years to Nomura-Backed Laser Digital

  • Laser Digital Japan plans to start by providing liquidity services to domestic crypto companies, with institutional trading services expected to follow as demand for digital assets grows.
  • Laser Digital has entered Japan’s crypto market as the country’s first new industry participant in four years after its local subsidiary obtained registration as a crypto asset exchange service provider.
  • The approval arrives as Japan prepares to shift crypto assets into a financial-instruments regulatory framework, marking a significant change in how the country oversees the sector.
  • The company said its initial focus will be supplying liquidity to Japanese virtual-asset service providers. It also plans to offer digital-asset trading services to institutional investors, although it has yet to disclose when those services will launch or exactly what they will include.
  • Laser Digital announced plans to expand its Japanese crypto operations late last year.
  • Backed by Japan’s largest investment bank, Nomura, Laser Digital is entering the market as institutional interest in crypto increases. A 2026 survey from Nomura and Laser Digital found that 79% of respondents intended to invest in digital assets within the next three years.
  • Jez Mohideen, Laser Digital’s co-founder and CEO, said Japan’s digital-asset industry is becoming more mature. He added that growing institutional participation is increasing the need for trusted counterparties and infrastructure built around professional investors’ needs.
  • Japan moved to classify cryptocurrencies as financial instruments last month, creating the groundwork for potential crypto ETFs and a separate tax regime for digital assets. The new framework is expected to come into force in 2027.
  • Steve Ashley, Laser Digital’s co-founder and executive chairman, said the company’s expansion reflects a wider global trend in which sophisticated investors are seeking greater access to digital assets along with reliable, institutional-quality infrastructure.