Global Stock News

SBI, Rakuten and Nomura prepare crypto investment trusts in Japan

SBI, Rakuten and Nomura prepare crypto investment trusts in Japan

Japan’s major brokerage groups are preparing crypto investment trust products as regulators work toward allowing funds to hold digital assets by 2028. 

Summary

  • SBI and Rakuten are preparing in-house crypto investment trusts for Japanese retail investors.
  • Nomura, Daiwa, SMBC and Mizuho-linked firms are studying crypto fund products as rules evolve.
  • Japan’s 2028 roadmap could allow investment trusts and ETFs to hold Bitcoin and Ether.

SBI Securities and Rakuten Securities are already developing products inside their own groups, according to a Nikkei report.

The planned products could give retail investors crypto exposure through regular securities accounts….

Source link

Share this article

Scroll to Top