bsc.news
Nomura, the single largest investment bank in Japan, has announced the launch of its Bitcoin Adoption fund, via its crypto arm, Laser Digital.
The fund will allow institutional investors a route to long-only Bitcoin (BTC) exposure in what is expected to be a secure and regulated fashion. The fund will look to Komainu, a joint-venture between CoinShares, Nomura, and Ledger, to ensure safe custody of the digital assets in question.
Laser Digital’s initiatives are spearheaded by Sebastian Guglietta, who was previously Chief Scientific Officer for Nomura. Laser Digital’s cryptocurrency activities also cover direct investment into blockchain-focused startups.
According to Guglietta, the newly launched Bitcoin fund will allow institutional investors to “capture the macro trend”.
The above is just the latest instalment in the saga of traditional institutions looks to capitalize on the ostensibly growing desire of major investors for secure exposure to the blockchain industry’s growth.