{"url":"https://newsforagent.com/news/2026-10-15/laser-digital-keyring-fixed-income-onchain","markdown_url":"https://newsforagent.com/news/2026-10-15/laser-digital-keyring-fixed-income-onchain.md","title":"Laser Digital and Keyring Bring Fixed Income Onchain","headline":"Laser Digital Partners With Keyring Network to Bring Fixed Income Products Onchain","description":"Laser Digital partnered with Keyring Network to bring fixed income products onchain, targeting a $160 trillion asset class with only $25.2 billion onchain.","section":"Partnerships","published_at":"2026-10-15T21:10:01+00:00","modified_at":"2026-10-15T21:10:01+00:00","author":"News Desk","key_takeaways":["Laser Digital partnered with Keyring Network to bring fixed income products onchain, targeting institutional demand.","Global fixed income outstanding securities reached $160 trillion at the end of 2025, while active real-world assets onchain were $25.2 billion at the end of March 2026.","Laser Digital aims to offer a full suite of onchain strategies starting with fixed income within a year.","Laser Digital Japan secured registration as a Crypto Asset Exchange Service Provider under Japan's Payment Services Act in August 2026."],"companies":[{"name":"Laser Digital","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00002bb/laser-digital","website":"https://www.laserdigital.com"},{"name":"KAIO","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0000ap6/kaio","website":"https://www.kaio.xyz"},{"name":"Keyring Network","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0000ree/keyring-network","website":"https://www.keyring.network"}],"source":{"publisher":"Markets Media","title":"Laser Digital Meets Demand for Onchain Fixed Income Funds","url":"https://www.marketsmedia.com/laser-digital-meets-demand-for-onchain-fixed-income-funds/"},"other_sources":[],"tags":["Partnerships","Laser Digital","KAIO","Keyring Network"],"body_markdown":"[Laser Digital](https://akta.pro/company-profiles/00002bb/laser-digital), the digital asset subsidiary of Japan's Nomura Group, has partnered with Keyring Network to bring fixed income products onchain, targeting institutional demand. [Markets Media](https://www.marketsmedia.com/laser-digital-meets-demand-for-onchain-fixed-income-funds/) reported the partnership on October 15, 2026. Fixed income is the largest asset class in global finance with outstanding securities of $160 trillion at the end of 2025, while active real-world assets onchain were just $25.2 billion at the end of March 2026.\n\n## How the Laser Digital and Keyring Partnership Works\n\nLaser Digital and [Keyring Network](https://akta.pro/company-profiles/0000ree/keyring-network) 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's [un]wind to enable onchain products to scale beyond the current DeFi liquidity base. 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's asset management division will contribute institutional governance standards, portfolio structuring perspectives, and market practice expertise.\n\nDr. 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. Mohideen said: \"We 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.\"\n\nAlex McFarlane, founder and chief executive of Keyring Network, said in a statement: \"By combining Laser Digital's 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.\"\n\nAndrea 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: \"Keyring pioneered KYC (know your customer) technology, but the founder also has a track record and has previously worked in traditional finance.\" McFarlane has previously worked at Nomura and Commerzbank.\n\nIn May 2026, [KAIO](https://akta.pro/company-profiles/0000ap6/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.\n\n## Laser Digital's Regulatory and Product Milestones\n\nAccording to [akta.pro company records](https://akta.pro/company-data), Laser Digital received conditional approval from the US OCC for a national trust bank charter in May 2026, enabling federally supervised custody and administration of tokenized, digital, and conventional assets, excluding deposit-taking and lending. In the same month, Laser Digital upgraded the Bitcoin Diversified Yield Fund (BDYF) to become the industry's first natively tokenized Cayman Bitcoin yield fund, appointing NAV Fund Services as administrator for independent valuation and daily on-chain reporting. Nomura tightened risk controls and position exposure at Laser Digital in February 2026 after reporting a ¥10 billion ($65 million) loss attributed to cryptocurrency market volatility in October-November 2025.\n\n## Earlier Laser Digital and Keyring Moves\n\nIn September 2026, Laser Digital and Keyring prepared institutional fixed income lending markets for deployment on Euler Finance, with Laser Digital acting as risk governor and Keyring handling access verification and liquidation design, according to CoinMarketCap. Also in September 2026, the two companies partnered to develop institutional-grade fixed income products for DeFi, addressing barriers like permissioning, insurance, governance, and settlement, with initial markets launching on Euler Finance, according to Markets Media. In August 2026, Laser Digital Japan secured registration as a Crypto Asset Exchange Service Provider under the Payment Services Act, marking the first new approval in Japan's crypto industry in four years, according to CrowdFund Insider.\n\n## Laser Digital's Onchain Strategy Timeline\n\nIn a year from now, Laser Digital aims to have a full suite of onchain strategies, starting with fixed income. Vianelli added: \"The tokenized stock space is quite interesting and there are a few other interesting areas.\"\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}