Laser Digital Asset Management, a subsidiary of Nomura, has unveiled its Bitcoin Adoption Fund. This initiative aims to provide institutional investors with a streamlined and efficient gateway into the rapidly evolving digital assets space, potentially positioning itself as one of the most economical and secure investment avenues currently available. This launch marks just the beginning, as Laser Digital Asset Management has expressed intentions to roll out a broader suite of digital adoption investment tools in the near future.
The BitcoinBTC 0.0% Adoption Fund is part of Laser Digital Funds SPC, a Segregated Portfolio Company, which is registered as a mutual fund. In a bid to ensure the utmost security for the fund’s assets, Laser is partnering with Komainu. Established in 2018, Komainu is a regulated digital asset custody solution, resulting from the collaborative efforts of Nomura, Ledger, and Coinshares.
At the forefront of Laser Digital Asset Management’s operations is Sebastien Guglietta. Before this undertaking, Guglietta held the position of Chief Scientist Officer at Nomura and served as a Portfolio Manager and Senior Scientist at Brevan Howard. Upon the fund’s debut, Sebastien Guglietta, the Head of Laser Digital Asset Management, stated in the press release:
“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.”
Another key figure in the team is Fiona King, now overseeing Laser’s distribution. King has an illustrious history, having previously helmed the institutional business on a global scale at Nickel Digital Asset Management and playing a pivotal role at Bank of AmericaBAC -1.6% Merrill Lynch’s UCITS alternative platform.