Nomura’s Laser Digital to launch bitcoin fund for institutional clients

Laser Digital Asset Management — the subsidiary of Japanese investment company Nomura — is launching a fund to provide institutional clients with access to digital assets.

Japan’s largest investment firm is launching a #Bitcoin fund for institutional clients.

“Technology is transforming a large part of the economy from analogue to digital…

Long-term exposure to #Bitcoin offers a solution to investors to capture this macro trend.”

— Sebastian… pic.twitter.com/vbZMlNsYtl

— Stack Hodler (@stackhodler) September 19, 2023

The fund’s objective is to provide an economically efficient and secure solution for long-term investments in Bitcoin. It is expected that Laser Digital will subsequently introduce a number of other products in the digital-technology space.

Asset preservation for the fund will be provided by Komainu, a regulated custody solution for institutional crypto investors.

“Technology will transform a large part of the economy from analogue to digital. Bitcoin is one of the factors driving this long-term transformation,” said Sebastian Guilletta, head of the Digital Asset Management division.

Earlier, ForkLog reported that Laser Digital Ventures participated in the seed round of funding Web3 company Bastion, with $25 million.