Nomura’s Laser Digital Launches Bitcoin Adoption Fund for Institutional Investors

Nomura’s digital assets subsidiary, Laser Digital, has introduced the Bitcoin Adoption Fund, a new investment product aimed at providing institutional investors with exposure to Bitcoin (BTC). This fund will offer long-only exposure to Bitcoin and is the first in a series of digital asset investment products Laser Digital.

According to Sebastien Guglietta, head of Laser Digital Asset Management, Bitcoin is a catalyst for the ongoing transition from analog to digital economies driving global economic growth. He believes that long-term exposure to Bitcoin offers a solution for investors to capture this macro trend.

Laser Digital has chosen Komainu, a joint venture between Nomura, Ledger, and CoinShares, as the custodian for client assets. By partnering with Komainu, Laser Digital ensures the security and protection of investor funds.

Both Laser Digital and Komainu have recently received an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA). This license allows them to offer a range of digital asset trading services and investment products, further expanding their presence in the digital asset space.

This launch Nomura’s Laser Digital showcases the increasing interest and demand for Bitcoin from institutional investors. As the digital economy continues to grow and evolve, Bitcoin presents an opportunity for long-term investment and capturing the benefits of this transformative trend.

Sources:

– “Japanese financial giant Nomura’s digital assets subsidiary launches bitcoin fund for institutional investors” Stephen Alpher