Nomura's Digital Subsidiary Launched Bitcoin Adoption Fund

Japan’s largest investment bank, Nomura’s digital asset subsidiary Laser Digital Asset Management, has launched a Bitcoin Adoption Fund for institutional investors.

The Laser Digital Bitcoin Adoption Fund, provides long-only exposure to Bitcoin. Laser will use Komainu, which was founded in 2018 by Nomura, Ledger and Coinshares and delivers a regulated custody solution for institutional digital asset investors.

Nomura Holdings is Japan’s largest investment bank and brokerage group. In September 2022, the firm launched its digital asset venture capital arm. Earlier in August this year, Nomura’s crypto arm, Laser Digital, also won Dubai’s Virtual Asset Regulatory Authority (VARA) license to operate in the country.

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