Overview
- Laser Digital’s Bitcoin Diversified Yield Fund SP issues on‑chain shares natively and is domiciled in the Cayman Islands.
- The firm bills BDYF as the world’s first natively tokenized Bitcoin yield fund, with KAIO handling tokenization and Komainu providing custody.
- The strategy layers arbitrage, lending and options on top of a long‑only Bitcoin core to generate income.
- Access is limited to non‑U.S. institutional and accredited investors with a $250,000 minimum, payable in USD or BTC equivalent.
- Laser Digital targets more than 5% excess returns over Bitcoin on rolling 12‑month periods, subject to market conditions, and positions BDYF as an upgrade to its 2023 Bitcoin Adoption Fund.