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Sept. 20, 2023

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."

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