• Home
  • Latest News
  • Nomura's Laser Digital Launches 'Institutional Bitcoin Adoption Fund

Nomura's Laser Digital Launches 'Institutional Bitcoin Adoption Fund

Latest News
Sep 20, 2023 at 11:24 am

Nomura's subsidiary, Laser Digital, a prominent player in Japanese financial services, has unveiled the pioneering Bitcoin Adoption Fund. This fund is tailored to offer institutional investors exclusive exposure to Bitcoin (BTC). Notably, it represents the inaugural entry in a series of digital asset investment offerings by Laser Digital. This announcement was made on a Tuesday.

Sebastien Guglietta, the head of Laser Digital Asset Management, emphasized the pivotal role of technology in propelling global economic advancement. It is instrumental in the shift from analog to digital in a substantial portion of the economy. Guglietta highlighted Bitcoin as a catalyst in this enduring and transformative shift, asserting that prolonged exposure to Bitcoin provides investors with a means to seize this overarching trend.

To ensure the secure custody of client assets, the fund will rely on Komainu, a collaborative initiative involving Nomura, Ledger, and CoinShares. Remarkably, both Laser Digital and Komainu secured operational licenses from Dubai’s Virtual Asset Regulatory Authority (VARA) just last month. This achievement opens the door to a diverse array of digital asset trading services and investment offerings.

Read more: CryptoVenture Highlights: Funding Updates

Related News

Sign up for daily crypto news in your inbox

Get crypto analysis, news and updates right to your inbox! Sign up here so you don't miss a single newsletter.