Nomura’s digital assets subsidiary, Laser Digital, has
launched the Bitcoin Adoption Fund to promote the adoption of the
cryptocurrency. This fund is designed exclusively for institutional investors
and offers them a gateway into the world of Bitcoin.
Sebastien Guglietta, the Head of Laser Digital Asset
Management, commented: “Technology is a key driver of global economic
growth and is transforming a large part of the economy from analogue to
digital. Bitcoin is one of the enablers of this long-lasting transformational
change and long-term exposure to Bitcoin offers a solution to investors to
capture this macro trend.”
Security is paramount when it comes to handling digital
assets, especially for institutional investors, Nomura acknowledged. To ensure
the safety of clients’ assets, the Bitcoin Adoption Fund will entrust custody to
Komainu, a joint venture that counts Nomura, Ledger, and CoinShares among its
collaborators.
The launch of the Bitcoin Adoption Fund follows a
significant milestone for both Laser Digital and Komainu. Last month, both
entities secured
an operating license from Dubai’s Virtual Asset Regulatory Authority
(VARA), granting them the approval to provide a diverse array of digital asset
trading services and investment products.
The launch of Nomura’s Bitcoin Adoption Fund aligns with the
broader trend of regulated and mainstream financial institutions entering…
