Nomura Launches Bitcoin Adoption Fund for Institutional Investors

• Nomura, a Japanese investment bank, has launched its Bitcoin Adoption Fund through its affiliate, Laser Digital Asset Management.
• The fund aims to provide a simplified and cost-effective gateway for institutional investors to invest securely in Bitcoin.
• Laser Digital Asset Management plans to introduce a wider array of digital adoption investment tools in the future.
• The fund operates under the umbrella of Laser Digital Funds SPC, a Segregated Portfolio Company registered as a mutual fund.

Nomura, the renowned Japanese investment bank, has ventured into the world of cryptocurrencies with the launch of its Bitcoin Adoption Fund. This move comes through its affiliate, Laser Digital Asset Management, and is aimed at catering to institutional investors looking to step into the dynamic digital asset landscape. The primary objective of the fund is to provide a simplified and cost-effective gateway for institutional players to invest securely in Bitcoin.

This exciting launch is just the beginning, as Laser Digital Asset Management has ambitious plans to introduce a wider array of digital adoption investment tools in the near future. The Bitcoin Adoption Fund operates under the umbrella of Laser Digital Funds SPC, a Segregated Portfolio Company registered as a mutual fund. Security is paramount, and Laser is partnering with Komainu to ensure the utmost protection of the fund’s assets.

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Komainu, founded in 2018, is a regulated digital asset custody solution that emerged from a collaboration between Nomura, Ledger, and Coinshares. This partnership ensures a robust and secure infrastructure for handling cryptocurrencies.

Heading the charge at Laser Digital Asset Management is Sebastien Guglietta. Prior to his current role, Guglietta served as the Chief Scientist Officer at Nomura and held key positions as a Portfolio Manager and Senior Scientist at Brevan Howard. Speaking about the launch of the fund, Guglietta emphasized the role of technology in global economic growth and its transformation from analogue to digital. He highlighted Bitcoin’s pivotal role in this ongoing shift and noted that long-term exposure to Bitcoin provides investors with a way to capitalize on this macroeconomic trend.

Another notable figure in the team is Fiona King, responsible for overseeing Laser’s distribution efforts. King brings a wealth of experience, having previously led the institutional business globally at Nickel Digital Asset Management and played a significant role at Bank of America Merrill Lynch’s UCITS alternative platform. She expressed her enthusiasm for the Bitcoin adoption fund, stating that it offers institutional investors a secure avenue for digital asset investment supported by established financial expertise, robust risk management practices, and compliance standards. King also underscored the growing institutional interest in Bitcoin, emphasizing its increasing legitimacy as an asset class.