Laser Digital, the digital assets subsidiary of Japanese banking giant Nomura, launched a new tokenized investment vehicle on Jan. 22 designed to generate yield from bitcoin holdings.
The Bitcoin Diversified Yield Fund SP targets returns of approximately 5% annually on top of the cryptocurrency’s price performance, according to a company spokesperson. Laser Digital said in a statement that the fund’s strategy combines long bitcoin exposure with market-neutral arbitrage, lending, and options trading to produce income.
The fund is structured as an upgrade to the firm’s Bitcoin Adoption Fund, which launched in 2023. It is established as the first natively tokenized Cayman Islands bitcoin yield fund, using KAIO as its tokenization provider and Komainu as custodian, per the statement. The fund has a minimum subscription of $250,000 for accredited investors in eligible jurisdictions.
Jez Mohideen, co-founder and CEO of Laser Digital, said the launch enables the firm to “maintain our position and capitalize on the next phase of DeFi, while servicing the needs of bitcoin holders as well as existing and new institutional investors entering the market.”
“Recent market volatility has shown that yield-bearing, market neutral funds built on calculated DeFi strategies are the natural evolution of crypto asset management,” Mohideen added.
Laser Digital manages approximately $250 million in assets across its actively managed funds, the spokesperson said, including the Laser Digital Carry Fund and the Multi Strategy Fund.
The launch follows the firm’s regulatory milestone in October last year, when Laser Digital received in-principle approval from Dubai’s Virtual Assets Regulatory Authority to tokenize a fund under its ARVA framework, specifically for its Laser Carry Fund.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.