Laser Digital Launches Bitcoin Adoption Fund
Nomura’s digital assets subsidiary, Laser Digital, has announced the introduction of its Bitcoin Adoption Fund. As Japan’s largest investment bank and brokerage group, Nomura Group aims to offer a range of digital adoption investment solutions through Laser Digital Asset Management.
The Laser Digital Bitcoin Adoption Fund is a secure and cost-effective investment solution that provides long-only exposure to bitcoin.
To ensure the fund’s security, Laser will partner with Komainu, a regulated custody solution for institutional digital asset investors founded by Nomura, Ledger, and Coinshares in 2018.
Laser Digital, headquartered in Switzerland, was launched by Nomura in September 2020. The company focuses on three core areas: Secondary Trading, Venture Capital, and Investor Products.
Enabling Long-Term Exposure to Bitcoin
Sebastien Guglietta, head of Laser Digital Asset Management, commented on the launch of the Bitcoin Adoption Fund:
Bitcoin plays a crucial role in this long-lasting transformative change, and offering long-term exposure to bitcoin allows investors to capture this macro trend.
Fiona King, head of distribution at Laser Digital Asset Management, expressed her excitement about the launch:
“We are pleased to introduce our Bitcoin Adoption Fund, providing institutional investors with a secure pathway into digital asset investment backed by established finance and robust risk management and compliance measures.”
Hot Take: Bridging Institutional Investors to Bitcoin
Laser Digital’s launch of the Bitcoin Adoption Fund is a significant development in bridging the gap between institutional investors and bitcoin. With Nomura Group’s backing and the use of Komainu’s regulated custody solution, the fund provides a secure and cost-effective investment option for those seeking exposure to bitcoin.
This move demonstrates the growing acceptance of bitcoin within traditional financial institutions, as Laser Digital aims to capture the long-term potential of this transformative digital asset. As more institutional investors enter the space, it is likely to contribute to increased adoption and further growth of the cryptocurrency market.