Laser Digital Asset Management, Japan’s largest investment bank And the digital asset subsidiary of Nomura Bank has launched a Bitcoin Adoption Fund for institutional investors.
The official announcement stated that The Bitcoin-based fund will be the first in a line of investment solutions the company plans to launch.
Nomura is a Japanese financial giant with assets valued at over $500 billion. and provides brokerage services to leading institutional investors. Bitcoin funds launched by digital asset groups will provide investors with direct exposure to Bitcoin.
The Laser Digital Bitcoin Adoption Fund only offers long-term Bitcoin investments. The financial giant has chosen Komainu as its regulated custody partner. The Bitcoin fund is part of Laser Digital Funds Segregated Portfolio, a mutual fund registered as a mutual fund by the Cayman Islands regulator.
Sebastien Guglietta, Head of Asset Management, Laser Digital, says Bitcoin is one of the catalysts for change. And long-term exposure to Bitcoin is a solution for investors to join this macro trend.
refer : cointelegraph
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