Japan's Nomura Bank subsidiary Laser Digital launches Bitcoin fund

CryptoSlate
CryptoSlate

19 Sep 2023 3:20 PM

Japan-based Nomura Holding subsidiary Laser Digital has laucnhed a Bitcoin fund to entice institutional investors....

  • Japan-based investment bank Nomura's digital asset subsidiary, Laser Digital, has launched a Bitcoin adoption fund to attract institutional investors.
  • The fund will exclusively offer exposure to Bitcoin in a long-only strategy, positioning it as an economical and secure investment option.
  • To enhance asset security, the fund has partnered with Komainu, a joint venture established by Nomura, Ledger, and CoinShares.
  • The fund operates within the Laser Digital Funds Segregated Portfolio Company framework, registered in the Cayman Islands.
  • Sebastien Guglietta, Head of Laser Digital Asset Management, highlights Bitcoin as a significant driver of long-term economic change.
  • Fiona King, Head of Distribution, expresses delight at the launch of the Bitcoin Adoption Fund.

The article highlights the launch of a Bitcoin adoption fund by Nomura's digital asset subsidiary, Laser Digital. The tone is positive, emphasizing the potential benefits and security measures of the fund.

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You May Ask

What is the purpose of Nomura's Bitcoin adoption fund?How does the fund ensure asset security?Where is the fund registered?Who is the Head of Laser Digital Asset Management?What is the significance of Bitcoin in the long-term economic change, according to Sebastien Guglietta?

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