In the grand tapestry of financial endeavors, where fortunes are woven and unmade, the esteemed Laser Digital, a mere offspring of the venerable Nomura, has unfurled a new banner—a fund, they say, aimed at the lofty heights of institutional adoption of NEAR. Ah, the audacity!
This fund, aptly named the Laser Digital NEAR Adoption Fund, promises a long-term dalliance with NEAR (NEAR), the native token of a blockchain that fancies itself as the harbinger of artificial intelligence. One can only wonder if it will also brew a fine cup of tea.
Not to be outdone, Laser had previously launched a Bitcoin (BTC) adoption fund in the fateful month of September in the year 2023. A true pioneer, indeed!
According to the wise sages at Laser Digital, this new fund shall be invigorated by TruStake, a solution so institutional-grade that it could probably host a dinner party for the most discerning of investors. This fund will allow participants to engage in the sacred rites of blockchain consensus and, lo and behold, earn rewards from staking. What a time to be alive!
In a moment of profound insight, Laser Digital’s CEO, the illustrious Jez Mohideen, proclaimed:
“The Fund gives Investors a seamless way to gain exposure to digital assets through a long orientated exposure to the NEAR protocol that combines two major investment themes of digital assets and AI, alongside a carry overlay via the staking.”
Ah, the beauty of jargon! This initiative, dear reader, offers institutional investors a golden opportunity to harness the power of NEAR Protocol for economic returns, all while nurturing its growth and adoption. A win-win, or so they say!
With NEAR standing tall as a premier AI token, poised to shape the future of decentralized AI, this fund may very well be the key that unlocks the door to a brave new world. Or at least a moderately interesting one.
The growth of AI and web3 is akin to a wild party, with AI agents dancing merrily, and NEAR finds itself at the intersection of crypto and blockchain, like a bemused guest at a wedding. The outlook rests upon NEAR Protocol’s splendid features, including user-owned AI, Chain Abstraction, a sharded blockchain, and intents—oh my! Not to mention the new transaction model, which has garnered the nod of approval from the Ethereum Foundation.
However, dear investors, take heed! The NEAR Adoption Fund shall only be available to the chosen few—eligible institutional and professional investors in select jurisdictions, while the U.S. remains a distant land, untouched by this financial marvel.
Laser Digital and TruFin, in their infinite wisdom, plan to offer this fund in both traditional formats and through the hallowed halls of wealth management platforms. A veritable buffet of options!
Thus, the Fund shall be available in traditional format, after registration, in selected jurisdictions (with the exclusion of the U.S.) to eligible institutional and professional investors. It will also grace various wealth management platforms with its presence.
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2025-02-20 21:32