The Bitcoin Adoption Fund: A Secure Path for Institutional Investors into Digital Asset Investment
2 min read
The Bitcoin Adoption Fund, launched Laser Digital Funds SPC, provides institutional investors with a secure path into digital asset investment. Laser Digital Funds SPC is a Segregated Portfolio Company registered as a mutual fund under the Cayman Islands Regulatory Authority.
To ensure the safety of the fund’s assets, Laser Digital Funds will partner with Komainu, a regulated custody solution for institutional digital asset investors. Komainu, established in 2018 Nomura, Ledger, and Coinshares, specializes in providing secure custody services.
The fund’s management is led Sebastien Guglietta, the former Chief Scientist Officer at Nomura and a Portfolio Manager at Brevan Howard. Joined Fiona King, the former Managing Director and Global Head of Institutional Business at Nickel Digital Asset Management, who brings her expertise in Bank of America Merrill Lynch’s UCITS alternative platform as the Head of Distribution at Laser.
Guglietta believes that technology is a key driver of global economic growth, and sees Bitcoin as an enabler of this long-term transformational change. The Bitcoin Adoption Fund aims to offer investors exposure to this macro trend.
Fiona King emphasizes that the fund provides institutional investors with a secure and compliant way to enter the digital asset investment space. By leveraging established financial practices and incorporating high levels of risk management and compliance, Laser Digital Funds aims to provide investors with confidence in their digital asset investments.
Laser Digital Funds was co-founded Steven Ashley and Jez Mohideen, former leaders at Nomura. Combining the best practices of global investment banking with the experience of a crypto-native team, Laser is well-positioned to cater to the needs of institutional investors.
In summary, the Bitcoin Adoption Fund offers institutional investors a secure path into digital asset investment. With a team consisting of industry experts and partnerships with trusted custody providers, the fund aims to provide investors with exposure to the transformative power of technology while maintaining a focus on risk management and compliance.
Sources:
1. Laser Digital Funds SPC
2. Komainu
3. Nomura
4. Brevan Howard
5. Nickel Digital Asset Management
6. Bank of America Merrill Lynch (NYSE:BAC)
7. Cayman Islands Regulatory Authority