Laser Digital launches 'Bitcoin Adoption Fund' for institutional investors

Japan-based Nomura's digital assets subsidiary Laser Digital has launched a new fund providing bitcoin (BTC) exposure to institutional investors.

The Bitcoin Adoption Fund will provide long-only exposure and will be the first in a range of such digital asset investment products offered by Laser Digital.

Laser will use Komainu, which was founded in 2018 by Nomura, Ledger and Coinshares for the security of the fund's assets.