Laser Digital, the crypto arm of Nomura, has launched a Bitcoin fund allowing institutional investors to purchase cryptocurrencies.
Laser Digital will use Komainu, created in 2018 as a joint venture between Nomura, Ledger and CoinShares, for custody of the fund’s assets, the company announced in a September 19 statement.
Sebastian Guglietta, who previously worked as chief scientific officer at Nomura and portfolio manager at hedge fund Brevan Howard, leads Laser Digital’s asset management business.
In January, Laser Digital hired Fiona King, global head of Nickel Digital Asset Management’s institutional business, as head of distribution.
READ Tradfi Firms Eye Crypto Push As Regulators Crack Down
Guglietta said the ability to take long positions in Bitcoin offers investors a solution to “capture the macro trend.”
Laser Digital, co-founded by Steven Ashley and Jez Mohideen of Nomura, offers crypto asset management and trading services. The company also invests in startups in the digital assets ecosystem.
READ Nomura Crypto CEO Backs Asia for Growth
In March, Laser Digital announced an investment in crypto startup ClearToken to strengthen institutional engagement in digital assets. In July, the company invested in on-chain fund management startup Solv Protocol.
On August 1, Laser Digital received operating license approval from the Virtual Asset Regulatory Authority in Dubai.
Mohideen, co-founder of Laser Digital, also based in Dubai, said: Financial news In a June interview, about 88% of professional investors surveyed by the company said their clients were considering investing in digital assets.
He also supported Asia for the next wave of crypto adoption.
“Asia benefited from what happened in the United States and realized what it needed to avoid,” Mohideen said. FR.
To contact the author of this story with comments or news, email Bilal Jafar
Laser Digital, the crypto arm of Nomura, has launched a Bitcoin fund allowing institutional investors to purchase cryptocurrencies.
Laser Digital will use Komainu, created in 2018 as a joint venture between Nomura, Ledger and CoinShares, for custody of the fund’s assets, the company announced in a September 19 statement.
Sebastian Guglietta, who previously worked as chief scientific officer at Nomura and portfolio manager at hedge fund Brevan Howard, leads Laser Digital’s asset management business.
In January, Laser Digital hired Fiona King, global head of Nickel Digital Asset Management’s institutional business, as head of distribution.
READ Tradfi Firms Eye Crypto Push As Regulators Crack Down
Guglietta said the ability to take long positions in Bitcoin offers investors a solution to “capture the macro trend.”
Laser Digital, co-founded by Steven Ashley and Jez Mohideen of Nomura, offers crypto asset management and trading services. The company also invests in startups in the digital assets ecosystem.
READ Nomura Crypto CEO Backs Asia for Growth
In March, Laser Digital announced an investment in crypto startup ClearToken to strengthen institutional engagement in digital assets. In July, the company invested in on-chain fund management startup Solv Protocol.
On August 1, Laser Digital received operating license approval from the Virtual Asset Regulatory Authority in Dubai.
Mohideen, co-founder of Laser Digital, also based in Dubai, said: Financial news In a June interview, about 88% of professional investors surveyed by the company said their clients were considering investing in digital assets.
He also supported Asia for the next wave of crypto adoption.
“Asia benefited from what happened in the United States and realized what it needed to avoid,” Mohideen said. FR.
To contact the author of this story with comments or news, email Bilal Jafar
