Nomura's digital assets subsidiary Laser Digital Asset Management has launched its Bitcoin Adoption Fund, which provides a seamless way for institutional investors to access the digital asset class and will be the first in a range of digital adoption investment solutions that the company intends to bring to the market.

The fund provides long-only exposure to bitcoin while being one of the most cost effective and secure investment solutions.

To secure the fund’s assets, Laser will use Komainu, which was founded in 2018 by Nomura, Ledger and Coinshares, and delivers a regulated custody solution for institutional digital asset investors.

The fund is a segregated portfolio part of Laser Digital Funds SPC, a segregated portfolio company registered as a mutual fund with the Cayman Islands Regulatory Authority.

Laser, headquartered in Switzerland, says it aims “to combine the rigour, best practices and capabilities from global investment banking with the experience of a crypto-native team”.

“Technology is a key driver of global economic growth and is transforming a large part of the economy from analogue to digital,” adds Sebastien Guglietta, head of Laser. “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.”