Crypto is in a tough spot right now, and the effects of a down market are being felt across the industry. In February of this year, Nomura tightened risk limits at Laser Digital after crypto losses dragged down quarterly profit. This was read by the market as a retreat, but Nomura indicated it would be staying in crypto, just with a more conservative approach.
To this end, Laser Digital’s investment and partnership with ZigChain delivers a comprehensive risk framework and governance across a pipeline of institutional onchain vault products, according to a statement.
Rafay Gadit said the private credit market in the Middle East faces a two-sided problem.
“Firstly, those who need money cannot raise it from the normal banks, and those who have money don’t know those opportunities exist,” he said. “And even if they know, it’s only approachable through very large funds that have extremely high fees and barriers to entry. We are…
