Nomura Securities’ Digital Arm Introduces Bitcoin Adoption Fund For Institutions
This new offering takes the form of a long mutual fund domiciled in the Cayman Islands and features digital asset custody services provided by Komainu. Notably, Komainu was co-founded by Nomura Securities back in 2018, in collaboration with technology security firm Ledger and asset management company Coinshares. The purpose of Komainu is to serve as a regulated custodian for digital assets, providing a secure and compliant infrastructure for institutional clients.
The Bitcoin Adoption Fund is designed to facilitate the entry of institutional investors into the world of cryptocurrencies, particularly Bitcoin. As interest in digital assets continues to grow among traditional financial institutions, such as banks and asset managers, funds like these aim to bridge the gap between traditional finance and the emerging blockchain-based economy.
Komainu, as a trusted custodian, plays a pivotal role in ensuring the safekeeping of digital assets for institutional clients. With security and compliance at the forefront of its operations, Komainu aligns with the rigorous standards and regulations expected in the financial industry.
The launch of the Bitcoin Adoption Fund underscores Nomura Securities’ commitment to providing sophisticated digital asset solutions to institutional investors. It recognizes the increasing demand for exposure to cryptocurrencies within traditional financial markets and aims to cater to this demand while maintaining robust security measures.
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