SUBSIDIARY OF JAPAN'S LARGEST INVESTMENT BANK PARTNERS WITH DINERO FOR INSTITUTIONAL LIQUID STAKING OFFERING

Summary from the TLDR Crypto newsletter

Laser Digital, a subsidiary of Nomura, has partnered with Dinero to launch an institutional liquid staking token fully backed by Dinero's pxETH called IpxETH. This product is designed for institutional investors seeking exposure to Ethereum staking yields, offering a unique alternative to spot Ether ETFs by providing staking benefits alongside ETH exposure.