Nomura’s Laser Digital Launches Bitcoin Adoption Fund for institutional investors!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Sep 19, 2023 17:01

Nomura’s digital assets subordinate, Laser Digital, has founded a long-only mutual fund targeting institutional investors with an interest in Bitcoin. The Bitcoin Adoption Fund offers institutional investors exposure to the cryptocurrency, with custody delivered by Komainu, a regulated custodian cofounded by Nomura, tech security firm Ledger and asset manager Coinshares. Sebastien Guglietta, who formerly held senior roles at Nomura and Brevan Howard, will lead the fund. Laser Digital also has a venture capital fund which invests in DeFi across web3, and is planning a digital asset trading arm.