Nomura’s Laser Digital backs ZIGChain for onchain private credit push in UAE
CoinDesk·
60-second summary
Nomura's Laser Digital is backing ZIGChain for an onchain private credit push in the UAE with a single-digit million dollar investment. This strategic move aims to expand ZIGChain's decentralized finance capabilities. The partnership will likely drive innovation in the region's fintech sector, fostering growth in digital lending and credit solutions. Market implications for decentralized finance will be significant.
Laser’s investment in ZIGChain is understood to be in the single-digit millions.