Nomura's Laser Digital Backs ZIGChain for UAE Private Credit
Laser Digital, Nomura's crypto arm, is supporting ZIGChain to expand onchain private credit markets in the UAE.
Nomura's digital asset subsidiary Laser Digital has thrown its weight behind ZIGChain, a blockchain network targeting the onchain private credit sector in the United Arab Emirates, according to a report from CoinDesk. The move signals growing institutional appetite for tokenized credit markets in one of the world's fastest-growing financial hubs.
Private credit — traditionally a domain of large institutional investors and largely opaque to outside participants — has become an increasingly attractive target for blockchain-based platforms seeking to broaden access and improve transparency. ZIGChain's infrastructure aims to bring these deals onto a public ledger, potentially opening the asset class to a wider range of investors while streamlining settlement and compliance processes.
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The UAE has positioned itself as a leading jurisdiction for digital asset innovation, with regulators in Abu Dhabi and Dubai establishing frameworks that have drawn major global financial players. Laser Digital's decision to back a UAE-focused onchain credit platform underscores how established institutions are moving beyond speculative crypto exposure toward yield-generating, real-world asset applications.
For Nomura, one of Japan's largest financial institutions, the ZIGChain partnership extends a broader push into digital asset infrastructure that Laser Digital has been executing since its launch. Backing a private credit platform in the Gulf region also reflects a strategic bet that tokenized real-world assets will become a meaningful segment of institutional portfolios in the coming years.
Continue reading at CoinDesk.
