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Japan’s SBI and Rakuten Develop Crypto Funds Amid Brokerage Rush

Japan’s SBI and Rakuten Develop Crypto Funds Amid Brokerage Rush

SBI Securities and Rakuten Securities are developing in-house cryptocurrency trusts for direct trading through their platforms.

The trusts will cover ETFs and liquid assets like Bitcoin and Ethereum, managed internally from design to distribution.

Eleven of eighteen major Japanese securities firms are considering launching similar crypto investment trusts once regulations are in place.

Japan’s two largest online brokerages are building in-house cryptocurrency investment trusts—a move that could open Bitcoin and Ethereum exposure to the millions of retail investors who already hold SBI or Rakuten brokerage accounts, without requiring a separate exchange signup or wallet.

SBI Securities will distribute funds built by group…

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