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Nomura's digital asset arm launches Bitcoin Adoption Fund

Source: Laser Digital Asset Management

Nomura's digital assets subsidiary, Laser Digital, today announces the launch of their Bitcoin Adoption Fund. The fund, which provides a seamless way for institutional investors to access the digital asset class, will be the first in a range of digital adoption investment solutions that Laser Digital Asset Management will bring to the market.

The Laser Digital Bitcoin Adoption Fund, provides long-only exposure to Bitcoin whilst being one of the most cost effective and secure investment solutions. To secure the fund’s assets, 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. The Fund is a segregated portfolio part of Laser Digital Funds SPC, a Segregated Portfolio Company registered as a mutual fund pursuant to section 4(3) of the Mutual Funds Act with CIMA (Cayman islands Regulatory Authority).

Laser Digital Asset Management is led by Sebastian Guglietta, who was previously Nomura’s Chief Scientist Officer, prior to which he was a Portfolio Manager and Senior Scientist at Brevan Howard. Sebastien has over 25 years of experience in the domain of systematic investment strategies, derivatives and macro trading. Fiona King, Head of Distribution, joined Laser from Nickel Digital Asset Management, where she was Managing Director and Global Head of Institutional Business and prior to this she was at Bank of America Merrill Lynch responsible for their UCITS alternative platform.

On launching the fund, Sebastien Guglietta, Head of Laser Digital Asset Management commented: “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.”

Fiona King, Head of Distribution, Laser Digital Asset Management added: “We’re delighted to now launch our Bitcoin adoption fund, which allows institutional investors a secure path into digital asset investment that is backed by established finance, with the highest levels of risk management and compliance.”

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