Nomura Bank, a$ 500 billion asset manager, launches Bitcoin Fund

in nomura •  last year 

Nomura, the asset manager with assets exceeding $500 billion, has made a significant entry into the growing digital assets realm. Laser Digital, a subsidiary of Nomura, has unveiled its groundbreaking Bitcoin Adoption Fund, strategically designed to simplify the engagement of institutional investors in the cryptocurrency arena.

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Nomura Bitcoin Fund
Offering a concentrated focus on Bitcoin, this fund emerges as one of the most economical and secure investment avenues in the world of cryptocurrency. To enhance the security framework surrounding the assets in this fund, Laser Digital has engaged Komainu, a regulated custody solution formed in 2018 by a consortium including Nomura, Ledger, and Coinshares.

The Bitcoin Adoption Fund by Laser Digital is housed within Laser Digital Funds SPC, a Segregated Portfolio Company, and boasts its registration as a mutual fund with the Cayman Islands Regulatory Authority (CIMA).

Sebastien Guglietta, who leads Laser Digital Asset Management and previously served as the Chief Scientist Officer at Nomura, provided his perspective on the launch. He stated, “The fundamental components of the global economic landscape are transitioning from analogue to digital, primarily driven by technological innovations. Bitcoin is leading this transformation. Our fund is a gateway for investors to seamlessly align with this overarching trend.”

Expressing her enthusiasm, Fiona King, who oversees Distribution at Laser Digital Asset Management, stated, “The Bitcoin Adoption Fund is our strategic initiative to provide institutional investors a secure gateway into the world of crypto. This endeavor blends the insights of conventional finance with a steadfast commitment to risk management and compliance.”

Read more: https://www.consulting24.co/post/500-billion-asset-manager-nomura-launches-bitcoin-fund

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