Wu Shuo has learned that Laser Digital, the digital asset company under Japan's financial group Nomura Holdings, has received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish Laser Digital National Trust Bank. If ultimately approved, this entity will operate as a federally regulated trust institution, providing custody and management services for tokenized assets, digital assets, and traditional assets for institutional clients, and supporting businesses such as stablecoins, cross-border payments, and collateral management. According to disclosures, full approval depends on whether the company can meet minimum capital and other requirements, and the entity does not intend to engage in deposit-taking or lending activities.

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AirdropLunchbox
· 12h ago
Collateral management is probably very tempting for DeFi institutions.
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StardustRouter
· 12h ago
The institutional custody track is getting more and more competitive—Coinbase Institutional should be nervous.
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NotYourExit
· 13h ago
What is the minimum capital requirement? Curious about how many people this threshold can exclude.
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Stop-LossForBluePeony
· 13h ago
If we’re not planning to do deposit and loan business, then most of the profit mainly comes from custody fees, right? The model has to be proven to work end-to-end.
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RugCheckSkeptic
· 13h ago
Not taking deposits or making loans, solely doing custody and tokenization. This model is quite clever, avoiding the most troublesome part of bank licensing.
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PunkRiskMgr
· 13h ago
Cross-border payments + stablecoins + collateral management, this business combination is clearly aimed at institutional clients.
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AprDaydream
· 13h ago
Yet another national trust bank—US digital asset custody arrangements are about to change.
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WhaleInAGlassBottle
· 13h ago
Preliminary conditional approval indicates there is still room for negotiation; waiting for the final implementation.
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ColdBrewSparklingWater
· 13h ago
Tokenized asset custody, RWA narrative adds fuel to the fire.
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GateUser-173efae5
· 13h ago
The Japanese financial group obtained approval from the U.S. OCC, which strongly suggests a push for global expansion.
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