Cryptocurrency

Nomura’s crypto arm Laser Digital launches Ethereum fund

Komainu will provide custody services for the fund’s assets

Laser Digital launched a bitcoin fund in September
Laser Digital launched a bitcoin fund in September Photo: SOPA Images/LightRocket via Getty Images

Nomura’s crypto subsidiary Laser Digital has launched an Ethereum fund to target institutional investors interested in the world’s second-largest cryptocurrency.

The new fund will invest in long-only spot positions in ether, the platform's cryptocurrency, and will also generate returns through staking the crypto.

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