Laser Digital, the digital assets unit of Nomura, has made a strategic investment in UAE-based Layer1 blockchain project ZIGChain, according to CoinDesk. The two sides plan to work together on bringing private credit in the Gulf region onchain, with a stated focus that also includes Sharia-compliant asset products. The investment amount was not disclosed by either party. Still, market chatter cited in the report said the deal was in the upper single-digit millions of dollars. ZIGChain also said it is already working with Standard Chartered and crypto-friendly fund services provider Apex Group as it builds infrastructure for onchain asset management and private credit.