Posted 9/19/2023, 1:12:21 PM

Nomura Launches Bitcoin Adoption Fund for Institutions as Mainstream Embrace of Crypto Continues

Japan's largest investment bank Nomura launched a Bitcoin Adoption Fund for institutional investors through its digital asset arm.
The long-only fund will offer exposure to Bitcoin and be the first of several digital asset funds from Nomura.
Nomura chose regulated custody partner Komainu for the fund that is registered in the Cayman Islands.
The launch comes as more mainstream financial firms offer regulated Bitcoin investment products.
Nomura has been investing in the crypto space, including a VC arm and license from Dubai regulators.

cointelegraph.com

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8/24/2023

BlackRock holds 12,224 Bitcoin, the equivalent of 8.1% of Microstrategy: a new phase of institutional adoption of cryptocurrencies

Global investment giant BlackRock has positioned itself to benefit from the growing importance of digital assets, including Bitcoin, through its substantial stake in MicroStrategy, indicating a new phase of institutional adoption in the cryptocurrency market.