Two major Japanese securities firms plan to introduce cryptocurrency investment trusts once the Financial Services Agency finalizes the regulatory framework for such products, Nikkei Asia reported.
SBI Securities, the online brokerage business and investment banking unit of SBI Group, one of Japan’s largest financial companies and Rakuten Securities, the online broker subsidiary of Japan’s Rakuten Group internet conglomerate, will offer investment vehicles that allow customers to access crypto through their existing accounts. The products will make it easier for clients to gain exposure to the industry.
In a Nikkei survey of 18 companies, another 11 firms, including Nomura Securities, Daiwa Securities and Mizuho Securities, said…






