Nomura’s Laser Digital launches yield-bearing Bitcoin fund

Nomura’s digital asset arm Laser Digital has launched a new yield-focused Bitcoin investment product aimed at institutional investors.

The Bitcoin Diversified Yield Fund is designed to deliver returns beyond traditional long-only Bitcoin exposure.

Laser Digital said the fund responds to rising demand for tokenised, yield-driven investment structures rather than “vanilla” funds.

Unlike standard Bitcoin funds, the product uses diversified strategies to generate income while maintaining Bitcoin exposure.

The launch builds on Laser Digital’s Bitcoin Adoption Fund introduced in 2023, which offered only directional price exposure.

Tokenisation platform Kaio will act as the fund’s exclusive tokenisation provider.

Crypto custody firm Komainu will serve as the primary custodian for the fund.

The product will be available only to institutional and eligible accredited investors.

“Recent market volatility has shown that yield-bearing, market-neutral funds built on calculated DeFi strategies are the natural evolution of crypto asset management,”

Jez Mohideen said.

Laser Digital said the fund aims to combine Bitcoin exposure with income from market-neutral strategies while targeting lower volatility.

The company added that the fund is designed to complement, not replace, direct Bitcoin holdings.

At the time of reporting, Bitcoin price was $89,347.73.