According to Binance News, Bloomberg reports that Nomura Holdings has announced that its European digital asset subsidiary Laser Digital Holdings is currently reducing its crypto asset risk exposure. Nomura's Chief Financial Officer, Hironobu Muroi, stated during the earnings briefing that due to market volatility affecting Laser Digital from October to December 2025 (Q3), losses were recorded, and the company is now actively reducing risk through strict position management. Muroi emphasized that Nomura's stance on investing in digital asset-related businesses remains unchanged, and in the medium to long term, they still plan to expand their business scale. Note: The Japanese corporate fiscal year differs from most countries' calendar year, running from April 1 to March 31 of the following year.