Laser Digital Appoints Florent Jouanneau as New Partner in Venture Capital Business
Laser Digital, the crypto subsidiary of Nomura, has hired Florent Jouanneau as a new partner in its venture capital arm. This move comes as the company aims to expand its venture business despite a decline in VC investments in web3. Jouanneau, a veteran in the industry, previously worked at White Star Capital and has experience in trading and sales at major financial institutions. Laser Digital currently has about 65 employees and also offers asset management and trading services.
Key Points:
- Laser Digital appoints Florent Jouanneau as a new partner in its venture capital business
- Jouanneau previously worked at White Star Capital and has experience in trading and sales at major financial institutions
- Laser Digital aims to grow its venture capital arm despite a decline in VC investments in web3
- The company currently has about 65 employees and offers asset management and trading services
- Laser Digital is selectively investing in projects focused on institutional use cases
Hot Take:
Laser Digital’s decision to expand its venture capital business in the midst of declining industry-wide funding levels shows their confidence in the long-term potential of the crypto market. By appointing Florent Jouanneau, an industry veteran, they are positioning themselves to take advantage of opportunities and attract institutional investors. Laser Digital’s focus on institutional use cases and their cautious approach to projects in the gaming and NFT space demonstrates their commitment to making informed investments. With the backing of Nomura and their plans to raise third-party capital, Laser Digital is well-positioned to navigate the evolving crypto landscape.
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