Buckle Up, Buttercup!
Well, well, well! It seems Laser Digital has gone and launched a new investment fund, a veritable Jeeves for institutional investors wanting a bit of the NEAR Protocol action. This here fund, the Laser Digital NEAR Adoption Fund, lets the bigwigs invest in NEAR tokens while raking in those sweet, sweet staking rewards. Apparently, they’re using some fancy-pants staking solution called TruFin’s TruStake, built just for those chaps in suits. 🙄
Jez Mohideen, the top dog at Laser Digital, says this fund is a doddle for institutions to get their hands on digital assets. It’s all about long-term exposure to the NEAR Protocol, you see. He even goes on about how it combines “two major investment themes of digital assets and AI, alongside a carry overlay via the staking.” Sounds awfully complicated, doesn’t it? Just gobble the NEAR, mate!
“The Fund gives Investors a seamless way to gain exposure to digital assets through a long orientated exposure to the NEAR protocol that combines two major investment themes of digital assets and AI, alongside a carry overlay via the staking,” Mohideen noted.
This whole shebang is run under Laser Digital Funds SPC and is only for the professional investors in fancy places outside the United States. They can get in on the action directly or through those wealth management platforms everyone’s buzzing about.
NEAR: The Blockchain for the Brainiacs
NEAR’s trying to be the go-to blockchain for all things AI, developing technology that connects those brainy bots with decentralized applications. They’re all about user-owned artificial intelligence, which sounds rather jolly. They want everyone to have a piece of the pie, not just the big corporations. Their infrastructure incorporates some chain abstraction technology, allowing AI agents and users to chat like old chums. And their innovative intents system makes transactions as smooth as a summer’s day. NEAR’s tech is supposed to handle large-scale AI applications like a champ.
“We are excited to launch the Laser Digital NEAR Adoption Fund to give institutional investors exposure to NEAR‘s rapidly growing AI ecosystem, enhanced with staking returns. We are convinced that Laser Digital with its strong expertise and distribution capabilities is the right partner to provide investors with seamless and compliant access to NEAR,” David Norris, CFO of the NEAR Foundation, stated.
This launch comes at a time when institutions are going gaga for digital assets and AI. The NEAR token’s price has gone up like a rocket, more than 9% in just 24 hours! Trading volume has jumped by over 50%, which means everyone’s buying, buying, buying! With this new fund, NEAR might just become the next big thing.
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2025-02-21 01:25