Nomura Holdings Inc.’s crypto unit may take longer than expected to break even after a rout in digital assets slashed trading volumes and upended business plans. Laser Digital, which started last year and had aimed to turn a profit by 2024, has also been hit by the sector’s turmoil, its Chief Executive Officer Jez Mohideen said. “Our profitability journey may take a bit longer than we forecast a year ago,” Mohideen said in an interview. “Volumes have come down, activity has shrunk, regulators’ needs are changing - all these are leading to some delays in our overall journey including profitability.” Read More: Nomura ... (full story)