Laser Digital

1/🧵 Laser Digital bridges the gap between institutional-grade finance & the innovative promise of DeFi ⚡️ We’re a crypto-native team, backed by @Nomura, Japan’s largest investment bank. This combination offers unparalleled credibility with a superior counterparty risk profile.

6/6 Disclaimer: For professional and institutional investors residing in eligible jurisdictions only. Capital at risk. For full disclosure and risk warnings, please refer to: laserdigital.com/disclaimer/

5/6 In our recent discussions at Laser Digital Asset Management, three specific practices have stood out: 1. Accurate benchmarking against comparable funds 2. Consistent portfolio composition updates 3. Clear risk commentary during periods of market volatility

We are seeing a distinct shift in what institutional allocators are asking for in 2026. 1/6 Capital is moving away from crypto-native funds to established managers with dual-market expertise. Rigorous risk controls, transparent portfolios, and tokenised on-chain structures are the new baseline. Here is how Laser Digital Asset Management is meeting these tighter operational standards 👇

Laser Digital Chief Legal Officer Purvi Maniar is speaking at Merkle Meet DC on March 20 Purvi will discuss U.S. policy and the evolving regulatory landscape for institutional digital assets Learn more and register: lu.ma/merkle-meet-dc

Laser Digest – February 2026 is live This month’s issue covers: • Laser Digital named Emerging Asset Manager of the Year at the @FT Asset Management Excellence Awards • Japan team joining the JFSA-backed AML framework project • New research including Fixed-Incomisation of Bitcoin and the latest Laser Focus reports Read more: linkedin.com/pulse/laser-di…

The global race to tokenise real-world assets is accelerating. Coinbase launched an institutional tokenisation platform. Robinhood is trading US stocks as digital tokens in the EU 24/7. Nasdaq filed with the SEC to facilitate tokenised securities trading. Regulators are moving in parallel. The FCA, MAS, and Ontario Securities Commission have all released new frameworks or flagged tokenisation as a key priority. The GENIUS Act passed in 2025 and the Clarity Act is expected in 2026, giving the US its first comprehensive digital asset regulation. Standard Chartered forecasts the RWA tokenisation market at $10T+ by 2030. Current projections suggest $2T by end of this year, growing at over 60% CAGR. Read the full analysis in Laser Focus Issue 27: laserdigital.com/research/laser…

Congrats @crossover_mkts We are proud to be an investor from the very early days @LaserDigital_

Laser Digital Japan has joined a @Hitachi-led proof-of-concept project, supported by the @JFSA_en's FinTech PoC Hub, focused on how the private sector can build shared AML frameworks for crypto-assets and stablecoins. Full details: laserdigital.com/company-news/l…

Bitcoin hit $60,033 on 6th Feb, finding support at the 76.4% Fibonacci sub-projection. A $63,000-$72,500 range trade looks most likely near-term. BTC is -23% ytd but showing relative strength versus ETH (-35%), SOL (-33%), and MATIC (-43%). Open interest in $60,000 puts stands at $1.24B - if that level breaks, $51,556 is the next Fibonacci support. Ethereum's picture is tougher. Staking deposits have dropped nearly 50% since January. The bear triangle break lower leaves $1,700 as the near-term support zone, with $2,114 as the key resistance test. Spot Solana ETFs recorded $14.3M in inflows last week whilst BTC and ETH funds posted a fifth straight week of outflows - capital rotating within crypto ETFs, not exiting. Read the full analysis in Laser Focus Issue 27: laserdigital.com/research/laser…

The SEC's decision to apply a 2% haircut to broker-dealer positions in stablecoins could be the most important US regulatory event for digital assets in 2026. Before this, a 100% haircut meant every dollar of stablecoins was recorded as zero for capital purposes. A 2% haircut - identical to money market funds - means $100M now counts as $98M. The CFTC has already greenlighted stablecoins as margin collateral. The FDIC is building stablecoin procedures for banks. Treasury Secretary Bessent has cited $2T as a reasonable stablecoin market cap by 2028, potentially exceeding $3T by 2030, up from ~$310B today. If the SEC treats stablecoins like money market instruments, it creates a regulatory benchmark others will reference. Read the full analysis in Laser Focus Issue 27: laserdigital.com/research/laser…

Laser Focus: Issue 27 is now live ⚡️ We cover: - The SEC’s 2% stablecoin haircut ruling and why it could reshape institutional adoption - Bitcoin holding $60,000 support & the range trade we’re watching - Ethereum’s -34% ytd drawdown, halved staking demand, and whether a base is forming - Tokenisation’s global regulatory push - from the SEC to FCA to MAS 🔗 laserdigital.com/research/laser…

We’ve published a new research note: “Fixed-Incomization of Bitcoin: From Exter’s Pyramid to a Bitcoin-Based Credit System” by Sebastien Guglietta, Head of Asset Management The paper explores how Bitcoin’s next phase may be less about adoption and more about integration: Bitcoin as “cold money” and collateral at the base of a new credit stack, with stablecoins as “hot money” for everyday circulation, and a growing push to convert yield-seeking capital into structural long Bitcoin exposure Read: laserdigital.com/research/fixed…

Glad to share this research from our Andrea Vianelli, COO - Asset Management, co-authored with @UZH_en's @marcodellerba_ - making the case for functional, technology-neutral Crypto Derivatives regulation across jurisdictions Read The Article Below 👇 clsbluesky.law.columbia.edu/2026/02/16/cry…