Felix Pinkston
January 16, 2025 03:58
Nomura’s Laser Digital invests in BounceBit to strengthen collaboration in digital asset infrastructure and connect traditional finance and DeFi.
BounceBit, a pioneering company in digital finance, has secured a strategic investment from Laser Digital, the digital asset subsidiary of Nomura Holdings. According to BounceBit, this investment marks a significant step forward in the collaboration between BounceBit and one of Japan’s most established financial institutions.
Institutional Trust in Digital Assets
With over 100 years of heritage in global finance and $400 billion in assets under management, Nomura’s investment in Laser Digital demonstrates growing institutional confidence in digital asset infrastructure. The expertise of the Laser Digital team in the capital markets and finance space is expected to be invaluable to BounceBit as it embarks on its next phase, which includes activating a range of real world asset (RWA) collateral. These include RWA-backed stablecoins such as T-bill, USDY, Hashnote’s USYC, and Ethena’s USDtb.
Connecting TradFi and DeFi
Jack Lu, founder of BounceBit, emphasized the importance of this partnership, saying, “This partnership with Laser Digital is about more than capital. It is part of our efforts to connect TradFi and DeFi.” This partnership aims to leverage Laser Digital’s insight and influence, which will play a key role in advancing RWA at BounceBit.
Explore new use cases
This collaboration marks a broad shift in the way global financial institutions perceive digital asset infrastructure. With support from Laser Digital, BounceBit is particularly excited to leverage Nomura’s deep expertise in Asian financial markets to explore Japanese RWA use cases, including the foreign exchange market. The two companies expect to share more developments in the coming months.
Introduction to Laser Digital
Backed by Nomura, Laser Digital is at the forefront of digital finance, providing scalable opportunities across trading, asset management and ventures. The Company is committed to high standards of risk management and compliance and promotes responsible participation in digital assets. Our dynamic culture allows us to quickly adapt to market needs and share insights with customers and partners to increase trust in the institutional market.
About BounceBit
BounceBit leads the CeDeFi infrastructure by providing institutional-grade yield products, real-asset integrations, and CeDeFi-as-a-Service. A dual-token PoS layer 1 secured by BTC and $BB, the BounceBit chain combines the security of Bitcoin with full EVM compatibility. Our partnership with CEFFU with our innovative Liquidity Custody Token (LCT) will allow users to earn interest on CeFi, leverage LCT for re-staking and on-chain farming, and access tokenized RWA for a variety of revenue streams.
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