Thursday, May 2, 2024

Nomura, the leading Japanese investment banking and brokerage firm, has revealed that its digital asset arm, Laser Digital, is initiating a Bitcoin Adoption Fund. The fund aims to offer “sustained, long-only exposure to Bitcoin while positioning itself as one of the most financially efficient and secure investment options.”

Laser Digital’s Initiative in Bitcoin Adoption Funding

On Tuesday, Laser Digital, the digital asset subsidiary of Nomura Group—Japan’s premier investment bank—unveiled its new Bitcoin Adoption Fund. This launch marks the beginning of a series of digital asset investment solutions that Laser Digital Asset Management plans to roll out.

Laser Digital stressed:

The Bitcoin Adoption Fund from Laser Digital offers investors sustained, long-only exposure to Bitcoin, whilst establishing itself as one of the most cost-efficient and secure investment vehicles.

To ensure the security of the fund’s assets, Laser Digital will employ Komainu, a regulated digital asset custody solution founded in 2018 as a joint venture between Nomura, Ledger, and Coinshares.

Having its headquarters in Switzerland, Laser Digital was officially inaugurated by Nomura in the previous September. At the time of its launch, the firm outlined its focus on three principal domains: “Secondary Trading, Venture Capital, and Investor Products.”

Reflecting on the introduction of the Bitcoin Adoption Fund, Sebastien Guglietta, the Head of Laser Digital Asset Management, commented:

Bitcoin stands as a key facilitator of enduring, transformative change, and a long-term investment in Bitcoin provides an avenue for investors to leverage this macroeconomic trend.

Fiona King, Head of Distribution at Laser Digital Asset Management, further added:

“We are pleased to unveil our Bitcoin Adoption Fund, furnishing institutional investors with a secure entry point into digital asset investment, underpinned by a foundation in traditional finance, coupled with rigorous risk management and compliance measures.”

What are your thoughts on Nomura, a financial behemoth, taking the step to launch a Bitcoin adoption fund? Please share your views in the comments section below.

Frequently Asked Questions (FAQs) about Bitcoin Adoption Fund

What is the Bitcoin Adoption Fund launched by Laser Digital?

The Bitcoin Adoption Fund is an investment vehicle launched by Laser Digital, a subsidiary of Japan’s largest investment bank, Nomura. The fund aims to provide institutional investors with long-only exposure to Bitcoin, and positions itself as one of the most cost-efficient and secure investment options.

Who is behind the custody solution for the Bitcoin Adoption Fund?

The custody solution for the fund’s assets is provided by Komainu, a regulated digital asset custody service founded in 2018. It is a joint venture between Nomura, Ledger, and Coinshares.

Where is Laser Digital headquartered?

Laser Digital is headquartered in Switzerland and was officially launched by Nomura in September of the previous year.

What are the core focus areas of Laser Digital?

At the time of its launch, Laser Digital outlined that it would concentrate on three principal domains: Secondary Trading, Venture Capital, and Investor Products.

What is the significance of this fund for institutional investors?

The Bitcoin Adoption Fund offers institutional investors a secure and efficient entry point into digital asset investments. It is backed by established financial structures, and adheres to the highest levels of risk management and compliance.

Who are the key people involved in Laser Digital Asset Management?

Sebastien Guglietta serves as the Head of Laser Digital Asset Management, while Fiona King is the Head of Distribution at the firm.

Is this fund the first of its kind from Laser Digital?

No, the announcement indicates that the Bitcoin Adoption Fund is the first in a series of digital asset investment solutions that Laser Digital Asset Management plans to introduce.

What is the overarching investment thesis of the Bitcoin Adoption Fund?

The fund seeks to leverage Bitcoin as a key facilitator of long-lasting, transformational change, allowing investors to capitalize on this macroeconomic trend through long-term exposure.

How does the Bitcoin Adoption Fund ensure compliance and risk management?

The fund is designed with rigorous risk management and compliance measures, and is backed by established financial systems, ensuring a secure investment environment for institutional investors.

Is Nomura involved in any other digital asset ventures?

Yes, besides the Bitcoin Adoption Fund, Nomura has also invested in Komainu, indicating a broader interest and involvement in the digital asset space.

More about Bitcoin Adoption Fund

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8 comments

JennySmith September 21, 2023 - 4:39 pm

the focus on three domains, particularly Venture Capital, intrigues me. Could be a broader play into the digital asset ecosystem.

Reply
Rick_The_Analyst September 21, 2023 - 8:58 pm

anyone else notice that this is just the first in a series? Big plans ahead, I’m tellin ya.

Reply
DavidQ September 21, 2023 - 9:47 pm

Risk management and compliance, these are the magic words. good on Nomura for setting the bar high.

Reply
Investor_Gary September 22, 2023 - 3:06 am

Komainu for custody, huh? Reliable choice. Shows they’re not cutting corners on security.

Reply
MikeJansen September 22, 2023 - 3:17 am

Wow, Nomura’s gettin into Bitcoin now? That’s huge for the whole crypto market, ain’t it?

Reply
CryptoFan101 September 22, 2023 - 5:20 am

finally, institutions are takin this seriously. Long-only exposure sounds like a safe bet for those who are new to the crypto game.

Reply
Helen_M September 22, 2023 - 6:38 am

I wonder what “a series of digital asset investment solutions” means. Are they gonna roll out more funds for altcoins too?

Reply
SandraT September 22, 2023 - 9:05 am

Super interesting! Trust comes when big names like Nomura step in. Makes me think twice about sitting on the fence.

Reply

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