The global financial service group Nomura’s crypto vertical, Laser Digital, announced the launch of the Bitcoin Adoption Fund to allow institutional investors to invest in cryptocurrency.
The fund strives to offer a cost-effective and secure investment solution for institutional investors seeking long-only exposure to Bitcoin.
However, this is just the beginning of Laser Digital Asset Management’s plans to provide digital investment solutions. In the future, one can expect more similar kinds of announcements from Laser Digital.
Laser Digital will leverage Komainu for the safe custody of the fund’s assets, which is a joint venture between Nomura, Ledger, and CoinShares.
Sebastien Guglietta, the head of assets management at Laser Digital, shares his stance on crypto products. He said, “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.”
Fiona King, the head of distribution at Laser Digital, stated that the Bitcoin Adoption Fund will unlock a new way for institutional investors to invest in crypto backed by established finance, with high levels of risk management and compliance.
However, this is just the beginning of Laser Digital Asset Management’s plans to provide digital investment solutions. In the future, one can expect more similar kinds of announcements from Laser Digital.
Also Read: Nomura’s Crypto Arm Laser Digital Secures Dubai License
