Claim BonusBreaking: Nomura Group’s Crypto Subsidiary Launches Bitcoin Fund
The digital asset subsidiary of Nomura Group, Japan’s largest investment bank and brokerage group, has launched a Bitcoin fund. The fund is the first digital adoption investment solution by Nomura’s subsidiary and will enable institutional investors to access digital assets amid rising demand.
Nomura’s digital assets subsidiary Laser Digital Asset Management launched the Bitcoin Adoption Fund for institutional investors, according to a press release on September 19. The Bitcoin fund shows the scope of crypto adoption in Japan.
The Laser Digital Bitcoin Adoption Fund will help institutional investors get exposure to Bitcoin, while being cost-effective and secure. Laser uses the regulated custody solution Komainu, which was founded in 2018 by Nomura, Ledger, and Coinshares to secure the fund’s assets.
Sebastien Guglietta, head of Laser Digital Asset Management, said:
“Technology is a key driver of global economic growth and is transforming a large part of the economy from analogue to digital. Bitcoin is one of the enablers of this long-lasting transformational change and long-term exposure to Bitcoin offers a solution to investors to capture this macro trend.”
Laser Digital Asset Management’s head Fiona King claims the Bitcoin fund has the highest levels of risk management and compliance. Also, the fund is a segregated portfolio part of Laser Digital Funds SPC, a registered mutual fund.
Also Read: Google Releases Bard AI’s Most Powerful Model Yet
Nomura’s Bitcoin and Crypto Bet
Nomura Holdings planned to turn its crypto unit Laser Digital profitable in two years. It competes with other traditional giants such as JPMorgan and Goldman Sachs amid rising demand for Bitcoin and other cryptocurrencies.
However, the long bear market has also impacted Laser Digital’s plan despite offering Bitcoin derivatives to its institutional clients. Nomura recently stated that Laser Digital could take longer than expected to become profitable amid the recent rout in the crypto market.
BTC price currently trades at $27232, up nearly 45% in a year. Bitcoin is under pressure amid the U.S. SEC’s anti-crypto approach and lack of regulatory clarity.
Also Read: XRP Lawyers Lambast NYDFS For Targeting Ripple, Calling The Action “Political”
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Trump Tariffs: U.S. Lower Tariffs On Taiwan to 15% Ahead Potential Supreme Court Ruling
- Coinbase CEO Says CLARITY Act Progress Has Not Slowed Despite Markup Postponement
- Elon Musk’s X Cracks Down on InfoFi Crypto Projects; KAITO Token Falls 15%
- Bitget’s Tokenized Stock Platform Hits $18B as Traditional Assets Move On-Chain
- XRP News: RLUSD Gets Institutional Adoption Boost as Ripple Invests $150M in LMAX Group
- Shiba Inu Price Prediction: Inverse Head $ Shoulders Tests Critical Zone – Is a Breakout Still in Play?
- Binance Coin Price Prediction As 34th Quarterly BNB Token Burn Takes Place
- Here’s Why Ethereum Price Will Hit $4k By End of Jan 2026
- Solana Price Outlook Ahead of the Alpenglow Upgrade
- Bitcoin and XRP Price Prediction As US Senate Cancels Crypto Market Structure Bill Markup
- Dogecoin Price Poised to Hit $0.18 After Bullish Inverse Head and Shoulders Breakout
