SBI, Rakuten, Nomura Preparing to Launch Crypto Investment Trusts in Japan
Major Japanese brokerages, including SBI, Rakuten, and Nomura, are developing crypto investment trusts to provide retail investors easier access to digital assets.Summary
Japan's leading financial institutions are preparing to launch crypto investment trusts, aiming to simplify retail access to digital assets like Bitcoin and Ethereum. Companies such as SBI Securities and Rakuten Securities are currently developing in-house products, while Nomura and Daiwa are also planning entries into the market. This shift follows Japan's move to reclassify crypto assets as financial instruments, with the Financial Services Agency expected to fully integrate these assets into the Investment Trust Act by 2028. By allowing crypto exposure through existing securities accounts, these firms aim to eliminate the need for specialized exchange accounts, potentially increasing retail participation in the Japanese market.
(Source：Cointelegraph)