Japan’s largest investment bank, Nomura, has launched the Bitcoin Adoption Fund through its digital asset subsidiary, Laser Digital Asset Management. This fund is specifically designed for institutional investors and marks the first in a series of digital adoption investment solutions that Nomura plans to introduce. With over $500 billion worth of assets, Nomura is a significant player in the Japanese financial industry and offers brokerage services to leading institutional investors. The Bitcoin fund provided by its digital asset arm will offer investors direct exposure to Bitcoin.
The Laser Digital Bitcoin Adoption Fund provides long-only exposure to Bitcoin and has chosen Komainu as its regulated custody partner. This fund is a part of Laser Digital Funds Segregated Portfolio Company and has been registered as a mutual fund in accordance with the Cayman Islands Regulatory Authority.
Sebastien Guglietta, head of Laser Digital Asset Management, emphasized that Bitcoin is a catalyst for long-lasting transformational change, and investing in Bitcoin offers a way for investors to capture this macro trend. He stated, “Bitcoin is one of the enablers of this long-lasting transformational change, and long-term exposure to Bitcoin offers a solution for investors to capture this macro trend.”
While the Bitcoin Adoption Fund is the first of its kind launched by Nomura and its digital asset arm, the investment bank has been active in the digital asset ecosystem for some time. In September 2022, Nomura launched its digital asset venture capital arm to stay at the forefront of digital innovation. Additionally, Nomura’s crypto arm, Laser Digital, obtained Dubai’s Virtual Asset Regulatory Authority (VARA) license, allowing it to operate in the country.
The launch of the long-only Bitcoin Adoption Fund in Japan comes amid the growing interest in Bitcoin-based investment products from regulated and mainstream financial institutions. The United States Securities and Exchange Commission (SEC) recently approved two Bitcoin-based futures exchange-traded funds (ETFs), and other countries such as Canada and Europe have also approved various Bitcoin-focused investment products in recent years.
It is clear that institutional investors are recognizing the potential of Bitcoin as a valuable asset. With Nomura’s Bitcoin Adoption Fund, these investors now have a direct avenue to gain exposure to Bitcoin’s long-term potential. This move by Nomura further solidifies the position of Bitcoin in the traditional financial industry and highlights the increasing acceptance and integration of digital assets into mainstream investment strategies.
Sources: [1](https://cointelegraph.com/bitcoin-price), [2](https://cointelegraph.com/news/bybit-mvp-license-in-dubai-very-restricted-ceo-says), [3](https://cointelegraph.com/news/japanese-banking-giant-nomura-launches-digital-ecosystem-vc-arm), [4](https://cointelegraph.com/news/nomura-crypto-arm-bags-dubai-vara-license), [5](https://mint.cointelegraph.com/?url=https://cointelegraph.com/news/bitcoin-coin-adoption-fund-launched-japan-nomura-bank&utm_source=cointelegraph_com&utm_medium=appendix&utm_campaign=articles), [6](https://cointelegraph.com/magazine/elegant-and-ass-backward-jameson-lopps-first-impression-of-bitcoin/)
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I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...
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