Japanese banking giant Nomura launches ETH fund via crypto unit Laser Digital

Japan's Nomura Holdings is launching an Ethereum-based fund for institutional investors through its subsidiary Laser Digital Asset Management, marking the second installment in a series of digital adoption investment solutions.

A new fund aims to target long-only spot positions in Ethereum, enhancing yield through staking the ETH held by the fund. Managed by Laser Digital Funds SPC, the segregated portfolio is managed by Komainu, a segregated portfolio company regulated under the U.K. Financial Conduct Authority and the Virtual Asset Regulatory Authority in Dubai. The fund simplifies digital asset investment and provides a secure way for institutional investors to gain exposure.