CandleFocus

NEAR Protocol to Get Institutional Support with New Laser Digital Fund

Japanese financial giant Nomura's digital asset subsidiary, Laser Digital, has launched the Laser Digital NEAR Adoption Fund. The fund aims to promote institutional adoption of NEAR Protocol and will offer long-term investments in the protocol's native token. The fund will be powered by TruStake, an institutional-grade staking solution developed by crypto platform TruFin. It will allow participants to engage in blockchain consensus and earn staking rewards. The NEAR Adoption Fund is available to institutional and professional investors in certain jurisdictions, excluding the United States. The fund will be offered through traditional formats and asset management platforms.

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