Nomura Securities has announced that its cryptocurrency subsidiary, Laser Digital, recorded a loss of approximately 10.6 billion yen ($68 million) in the third quarter of the fiscal year 2025, spanning October to December. The loss was primarily attributed to significant market volatility in digital assets during October and November of the previous year. Nomura's CFO stated that Laser Digital had maintained certain long positions during the period but has since reduced risk exposure and tightened position management to mitigate short-term performance fluctuations. Despite the losses, the company remains committed to its long-term investment and growth strategy in the cryptocurrency sector.