A subsidiary of Japan’s largest investment bank with $500 Billion US under management, Nomura Bank, Laser Digital has just launched a Bitcoin Adoption Fund to attract investors. This marks the first step in Nomura’s series of funds to facilitate easy access to digital assets for corporate entities and large or institutional investors.
The fund will exclusively offer exposure to Bitcoin in a long-term strategy. Nomura emphasizes that this fund is one of the most economical and secure investment options. To enhance security, they chose Komainu, a joint venture established by Nomura, Ledger, and CoinShares in 2018. The launch comes one month after Laser Digital and Komainu secured operational licenses from Dubai authorities.
The Laser Digital Funds Segregated Portfolio Company (SPC) framework, designed to shield investors from unwanted risks, will host the fund’s operations. Laser Digital clarified that SPC is a legally recognized mutual fund registered in Cayman Island.
Sebastien Guglietta, Head of Laser Digital Asset Management said: “Bitcoin is one of the drivers of long-term transformational change and long-term exposure to Bitcoin offers a solution for investors willing to follow this macro trend.”
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