I’m excited to hear that Nomura’s digital asset subsidiary has launched a new Bitcoin fund for institutions! This is a great move for the $500 billion financial giant, and I’m sure it will open up a lot of opportunities for institutional investors. I’m looking forward to seeing how this fund will help to further the adoption of Bitcoin and other digital assets.
Nomura’s Bitcoin fund launch is a sign that Bitcoin is finally going mainstream… among dinosaurs.
Take it with a grain of salt and dont confuse this with 500b into bitcoin
Even if only 5% of that flows into Bitcoin, that would be insane.
They want a piece of the crypto pie
They want to facilitate Bitcoin growth and the whole crypto industry will feel the butterfly effect soon.
They just keep coming. Hopefully soon multiple ETF’s will be approved, both ETH and BTC should see some nice action.
This makes me even more bullish on Bitcoin, Nomura is a biggest financial giant with ADR revenue of last twelve months as high as $21.76B.
Even Japan is moving forward with crypto adoption, on the other side US is running backwards thanks to SEC and GG.
tldr; Nomura’s digital asset subsidiary has launched a Bitcoin fund for institutional investors. The fund aims to provide exposure to Bitcoin while addressing concerns around custody and security. This move by Nomura highlights the growing interest in Bitcoin among institutional investors and the increasing acceptance of cryptocurrencies in the financial industry.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Heck this is great news if only that the ball is rolling! Japanese spot, more European spots and GGensler’s decision about Blackrock in the spring.
That’s a lot of money
“Technology is a key driver of global economic growth and is transforming a large part of the economy from analogue to digital,” said Guglietta. “Bitcoin is one of the enablers of this long-lasting transformational change and long-term exposure to Bitcoin offers a solution to investors to capture this macro trend.”
Amen
Finally, some good news for crypto in a sea of negative stories
That’s amazing! Only improvement I can think of is this being a Moons fund instead of BTC.