NEAR Protocol to Get Institutional Support with New Laser Digital Fund

Laser Digital, the digital asset subsidiary of Japanese financial giant Nomura, has launched a new investment fund aimed at institutional adoption of NEAR. The Laser Digital NEAR Adoption Fund will offer long-term investments in NEAR Protocol, the native token of the AI-focused blockchain NEAR Protocol.

According to Laser Digital, the new fund will be powered by TruStake, an institutional-grade staking solution developed by crypto platform TruFin. The fund will allow ecosystem participants to engage in the blockchain consensus and earn staking rewards. This initiative provides institutional investors with the opportunity to leverage the NEAR Protocol for economic benefit while supporting its growth and adoption.

According to Laser Digital, the NEAR Adoption Fund will be available to institutional and professional investors eligible in certain jurisdictions, but will not be available to investors in the United States. Laser Digital and TruFin plan to offer the fund in both traditional formats and through asset management platforms.

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