Nomura’s digital asset arm, Laser Digital, has formally applied for a U.S. national trust bank charter that would allow it to offer regulated crypto custody services and other digital asset solutions to institutional clients, according to sources. The move reflects growing interest among traditional financial institutions in expanding crypto-related services under a bank-regulated framework.
A national trust bank charter in the United States would enable Laser Digital to hold and safeguard customer assets, including digital tokens, under federal supervision, offering an alternative to state-level licences that currently govern most crypto custody firms. Proponents say a federal trust bank license could attract more institutional capital by providing clearer regulatory oversight, stronger depositor protections, and broader operational scope.
The application comes as regulators and lawmakers continue debating the appropriate role of banks in digital asset markets, with custody standing out as one of the most contested areas. Supporters of expanded custody rights argue that institutional clients require regulated partners to safely hold large crypto allocations, especially in volatile markets.
Analysts say the Laser Digital bid signals a broader trend of legacy financial players, particularly those with ties to significant global banking groups like Nomura, seeking deeper involvement in digital asset infrastructure while aligning with regulatory expectations.
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