Laser Digital, the digital asset subsidiary of Japan’s Nomura, is backing ZIGChain in a partnership focused on onchain private credit in the United Arab Emirates. The initiative centers on bringing private lending activity onto blockchain infrastructure in a regulated environment.
The collaboration is linked to tokenized lending for small and medium-sized enterprises, or SMEs. By connecting credit markets with blockchain technology, the partnership aims to support a more structured route for institutional participation in private credit.
Dubai’s regulated digital-asset landscape provides the setting for the initiative. The arrangement reflects Laser Digital’s broader push into tokenized finance and could help bridge conventional financial institutions with blockchain-based lending models.
If adoption develops, the partnership may contribute to wider institutional interest in tokenized private credit across the UAE, while keeping the focus on regulated infrastructure and real-world financing.