$500 billion asset manager Nomura launches Bitcoin Fund
$500 billion asset manager Nomura has marked its presence in the expanding world of digital assets. Laser Digital, a subsidiary of Nomura, in its own pivotal stride, has unveiled the launch of its Bitcoin Adoption Fund. This strategy is tailored to refine the approach institutional investors adopt in navigating the digital assets realm.
The fund offers a long-only exposure to Bitcoin, boasting of being one of the most economical and secure investment avenues in the digital space. To ensure the utmost security for the assets under the fund, Laser Digital will employ the services of Komainu, a regulated custody solution established in 2018 by a consortium including Nomura, Ledger, and Coinshares.
The Laser Digital Bitcoin Adoption Fund is part of the Laser Digital Funds SPC, a Segregated Portfolio Company. It is registered as a mutual fund in Cayman Islands Regulatory Authority (CIMA).
Sebastien Guglietta, the leader of Laser Digital Asset Management and former Chief Scientist Officer at Nomura, expressed his views on the launch, stating, "The global economic landscape is undergoing a monumental shift from analogue to digital, largely driven by technological advancements. Bitcoin stands at the forefront of this transformation. Through our fund, investors can seamlessly tap into this macro trend."
Fiona King, who heads the Distribution at Laser Digital Asset Management, shared her enthusiasm, "Our Bitcoin adoption fund is a step forward in providing institutional investors a secure gateway to the world of digital assets. This initiative is backed by traditional financial expertise, ensuring the highest standards of risk management and regulatory compliance."