A subsidiary of Japan’s largest investment company will launch a Bitcoin fund

japan flag Japan flag crypt Bitcoin
japan flag Japan flag crypt Bitcoin

Laser Digital Asset Management, a subsidiary of Japanese investment firm Nomura, is launching a fund to give institutional clients exposure to digital assets.

The fund’s goal is to provide a cost-effective and secure solution for long-term investment in Bitcoin. Laser Digital is expected to introduce a number of other digital technology products in the future.

The safety of the fund’s assets will be ensured by Komainu, which provides a regulated custody solution for institutional crypto investors.

“Technology is transforming much of the economy from analogue to digital. Bitcoin is one of the factors contributing to this long-term transformation,” said Sebastian Guglietta, head of digital asset management.

ForkLog previously reported that Laser Digital Ventures took part in the $25 million seed round of financing for Web3 company Bastion.

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