{"id":883644,"date":"2026-10-15T22:14:11","date_gmt":"2026-10-15T22:14:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/883644\/"},"modified":"2026-10-15T22:14:11","modified_gmt":"2026-10-15T22:14:11","slug":"laser-digital-meets-demand-for-onchain-fixed-income-funds","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/883644\/","title":{"rendered":"Laser Digital Meets Demand for Onchain Fixed Income Funds"},"content":{"rendered":"

\"Basel <\/p>\n

Laser Digital, the digital asset subsidiary of Japan\u2019s Nomura Group, has formed a partnership with Keyring Network to bring fixed income products, the largest asset class in global finance, onchain.<\/p>\n

Fixed income is the largest asset class in global finance with outstanding securities of $160 trillion at the end of 2025, according to a report <\/a>from Laser Digital. In comparison, active real-world assets onchain were just $25.2bn at the end of March this year, as the report said the onchain market remains \u201ctiny\u201d relative to the opportunity.<\/p>\n

\"\"<\/a><\/p>\n

Jez Mohideen, Laser Digital<\/p>\n

Dr. Jez Mohideen, chief executive and co-founder of Laser Digital, said in the report that institutional interest in onchain fixed income is no longer theoretical and the opportunity is real, but so are the constraints. Mofhideen said: \u201cWe are focussed on building offerings to support assets whose behaviour more closely resembles conventional fixed income instruments than volatile crypto tokens, while preserving the efficiency benefits of on-chain settlement.\u201d<\/p>\n

Laser Digital aims to become an advisory risk governor for low-risk DeFi vaults through strategic partnerships, according to the report, by combining quantitative risk modelling and institutional governance. The firm is a regulated, full-spectrum digital asset firm offering institutional-grade over-the-counter trading, asset management, structured financing solutions and early-stage venture capital that Nomura established in 2022.<\/p>\n

S&P Global Ratings defines digital asset lending vaults as investment vehicles operating on a blockchain that pool investor deposits and deploy them according to defined strategies, working much like managed fixed income funds. These strategies can be fully automated via smart contracts or managed discretionarily by human managers and depositors receive tokens that represent their proportional claim on the vault\u2019s assets and any accrued returns.<\/p>\n

In September this year Laser Digital also announced a partnership with Keyring Network to create institutional fixed income products, catering to the growing institutional demand for fixed income products in DeFi, initially focusing on lending and borrowing markets that meet established standards of governance, compliance, and risk control. Keyring Network is a UK fintech that provides institutional-grade compliance, verification, and trust infrastructure for on-chain and DeFi markets<\/p>\n

Keyring will provide infrastructure and tooling to support specific lending and borrowing markets, including access verification, quantitative risk parameterisation, and liquidation framework design. Laser Digital\u2019s asset management division will contribute institutional governance standards, portfolio structuring perspectives, and market practice expertise. They will combine scalable zero-knowledge permissioning, quantitative risk modelling, institutional governance standards, cyber insurance and risk-control mechanisms, as well as settlement technology through Keyring\u2019s [un]wind to enable onchain products to scale beyond the current DeFi liquidity base.<\/p>\n

Alex McFarlane, founder and chief executive\u00a0 of Keyring Network, said in a statement: \u201cBy combining Laser Digital\u2019s institutional experience with our DeFi native tooling, we aim to enable fixed income strategies that can function at institutional scale onchain and open the gateway to global markets.\u201d<\/p>\n

\"\"<\/a><\/p>\n

Andrea Vianelli, Laser Digital<\/p>\n

Andrea Vianelli, chief operating officer, asset management and structuring advisory at Laser Digital, told Markets Media that the firm has been trying to identify the right partner for a long time to bring a set of strategies onchain. Vianelli said: \u201cKeyring pioneered KYC (know your customer) technology, but the founder also has a track record and has previously worked in traditional finance.\u201d<\/p>\n

McFarlane has previously worked at Nomura and Commerzbank.<\/p>\n

Vianelli said Laser Digital will predominantly be focussed on bringing strategies which are typical in traditional finance onchain. He added: \u201cWe believe in the vision of bridging traditional finance and digital asset finance and Laser Digital can play a key role in this.\u201d<\/p>\n

There have not been many onchain bond funds and Vianelli expects this to change. He argued that Laser Digital can provide a door to traditional investors who are interest in entering the onchain space, and will also be attractive to onchain natives who believe in the importance of having a fund manager with strong due diligence procedures.<\/p>\n

\u201cWe are in a peculiar spot because, to my knowledge, we are the first global bank-sponsored type of player getting into the digital asset space beyond tokenization, and we have been in this space for a while,\u201d Vianelli added. \u201cWe know what it means to invest onchain and it is In our DNA.\u201d<\/p>\n

For example, in May this year KAIO, the institutional tokenization platform incubated by Laser Digital, launched its governance token alongside establishing the KAIO Foundation to oversee protocol governance, treasury management and ecosystem development. At that time the platform supported five institutional-grade funds across more than ten blockchains, with approximately $100m in total value locked, and works with asset managers including BlackRock, Brevan Howard, Hamilton Lane and Laser Digital.<\/p>\n

In a year from now, Laser Digital aims to have a full suite of onchain strategies, starting with fixed income, but that is not the end goal. Vianelli added: \u201cThe tokenized stock space is quite interesting and there are a few other interesting areas.\u201d<\/p>\n

<\/p>\n

NEWSLETTER SIGN UP<\/p>\n

And receive exclusive articles on securities markets<\/p>\n","protected":false},"excerpt":{"rendered":"Laser Digital, the digital asset subsidiary of Japan\u2019s Nomura Group, has formed a partnership with Keyring Network to…\n","protected":false},"author":2,"featured_media":883645,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[1532,28,370727,28000,112,38951],"class_list":["post-883644","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-banks","tag-business","tag-buy-side","tag-fixed-income","tag-markets","tag-tokenization"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/883644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=883644"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/883644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/883645"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=883644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=883644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=883644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}