Cryptocurrency incubator Web^n secures investment from Nomura Securities.

BlockBeats news: On July 19th, according to The Block, Web^n, a cryptocurrency incubator supported by hedge fund manager Alan Howard, has received an investment from Laser Digital, a cryptocurrency subsidiary of Nomura Securities. The investment amount has not been disclosed. Jez Mohideen, CEO of Laser Digital, will join the Web^n board as a non-executive director. Web^n was founded at the end of 2021 and its incubated enterprises include cryptographic research institution Geometry, DeFi protocol Trufin, and non-custodial staking provider Twinstake.