TechFlow reports that Laser Digital, the digital finance arm of Japanese banking giant Nomura, has announced a partnership with TruFin to launch the Polygon Adoption Fund, offering institutional investors exposure to Polygon's MATIC token and staking yields.
The fund aims to meet the needs of large traditional financial institutions by providing investors with a 5% annual yield through TruFin's TruStake liquid staking solution.
Laser Digital is also collaborating with Keyring Network to explore issuing wrapped USDC on permissioned networks and providing validation services for the Polygon AggLayer, ensuring high liquidity and secure cross-chain transactions.
The fund will first be launched for UK investors, with plans to expand to other regions in the future.
