Laser Digital, the digital asset arm of Nomura, has launched a tokenized Bitcoin Diversified Yield Fund on January 22. According to reports, the fund is targeting returns of approximately 5%. The development signifies traditional financial institutions' continued interest in digital assets and their efforts to create investment products within the cryptocurrency space. The fund aims to provide investors with exposure to Bitcoin while generating yield through tokenization.

Laser Digital, the digital asset arm of Nomura, has launched a tokenized Bitcoin Diversified Yield Fund on January 22. According to reports, the fund is targeting returns of approximately 5%. The development signifies traditional financial institutions' continued interest in digital assets and their efforts to create investment products within the cryptocurrency space. The fund aims to provide investors with exposure to Bitcoin while generating yield through tokenization.