Laser Digital Asset Management, a subsidiary of Japan's largest investment firm Nomura, intends to launch a fund that will allow institutional clients to access digital assets.
The company has reportedly made the decision to launch the fund with the aim of providing a cost-effective and secure solution for long-term investment in bitcoin.
The company is expected to introduce additional digital technology products in the future.
Komainu, which provides a regulated custody solution for institutional investors in crypto, will be responsible for the security of the fund's assets.
Sebastien Guglietta, head of digital asset management at the firm, has said:
"Technology is a key driver of global economic growth and is transforming a large part of the economy from analog to digital."