Category: NFT News

Nomura’s Laser Digital Unveils Institutional Polygon Fund Embracing Liquid Staking

Investors will earn yields from validating Polygon chains and DeFi through TruFin’s MATIC liquid staking token

Laser Digital, a digital finance firm subsidiary of the Japanese banking giant, Nomura, is deepening its web3 operations with the launch of an institutional fund offering exposure to Polygon.

Announced on March 27, Laser Digital is teaming up with TruFin, a lending and payments company to launch the Laser Digital Polygon Adoption Fund, an institutional investment product providing exposure to Polygon’s MATIC token and staking yields.

Laser Digital said the fund is designed to cater to large legacy financial entities, including sovereign wealth funds, private asset managers, and institutional funds.

“Institutional investors are beginning to understand the benefits and necessity of decentralized security, and this Fund shows that institutions are compelled by the broader ecosystem,” Laser Digital said in an announcement. “We are making Polygon-Matic digital asset investment accessible, in the most secure, and efficient way for institutional investors.”