Nomura's digital asset subsidiary, Laser Digital, has partnered with ZIG Finance to launch the zEMS Vault on the BNB Chain, aiming to raise $100 million to provide eligible institutional investors with exposure to loans to Saudi SMEs. Investors can subscribe and redeem using stablecoins, with identity verification required at both stages. Loans are disbursed through Beehive's lending infrastructure, with KAIO handling vault tokenization and management, and Laser Digital serving as risk framework advisor and providing tokenization consulting. The two companies plan to expand this model to other emerging markets and credit strategies. (The Block) https://(wublock123.com)/news/laser-digital-zig-finance-saudi-sme-credit-vault-100m-71759