Laser Digital Invests in ZIGChain to Expand On-Chain Private Credit in Middle East
Nomura’s Laser Digital backs UAE-based L1 ZIGChain to drive Sharia-compliant private credit adoption, leveraging existing ties with Standard Chartered and Apex Group.
Woofun AI reports that Laser Digital, the digital asset division of Nomura, has made a strategic investment in ZIGChain, a Layer 1 blockchain headquartered in the UAE. The partnership aims to accelerate on-chain adoption of private credit markets across the Middle East and Gulf region, with a specific focus on Sharia-compliant asset products. While the exact figure remains undisclosed, market sources estimate the investment falls within the high single-digit millions range. ZIGChain previously established partnerships with Standard Chartered and Apex Group to develop on-chain asset management and private credit infrastructure.
Comments
No comments yet.