Nomura’s Laser Digital Launches Bitcoin Fund for Institutional Investors
Nomura’s digital asset arm, Laser Digital, has launched a Bitcoin Adoption Fund designed to cater to institutional investors.
The fund aims to provide a streamlined and secure gateway into digital assets, offering investors a cost-effective and reliable investment solution.
Laser Digital Asset Management, a subsidiary of Japan’s largest investment bank Nomura, has introduced the Bitcoin Adoption Fund.
The Fund is designed to cater to institutional investors, offering them a streamlined and secure gateway into digital assets. With the move, Nomura aims to establish itself as one of the most economical and reliable investment avenues available in the sector.
The new initiative offers institutional investors a secure and efficient entry point into cryptocurrencies, and its launch is just the start of Laser’s plan to introduce more digital investment tools soon.
The Bitcoin Adoption Fund is also part of Laser Digital Funds SPC, a Segregated Portfolio Company registered as a mutual fund. To enhance the fund’s security, Laser has teamed up with Komainu, a regulated digital asset custody solution created through a collaboration with Nomura, Ledger, and Coinshares in 2018.
Sebastien Guglietta, who leads Laser Digital Asset Management, emphasized the significance of technology in driving global economic growth and highlighted Bitcoin’s role as a catalyst for long-term transformational change. Moreover, he believes long-term exposure to Bitcoin offers investors a way to capture this macro trend.
The announcement highlights rising institutional interest in Bitcoin, indicating a positive trend for the cryptocurrency and confirming that institutions are taking it more seriously.
In March, Laser Digital revealed its investment in ClearToken, a crypto startup, to increase institutional participation in digital assets. In July, the company invested in Solv Protocol, a startup specializing in on-chain fund management. Meanwhile, on August 1, Laser Digital obtained approval for an operating license from Dubai’s Virtual Asset Regulatory Authority.
Mohideen, one of the co-founders of Laser Digital and based in Dubai, shared in an interview with Financial News in June that approximately 88% of professional investors surveyed by the company indicated that their clients are contemplating investments in digital assets.
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