Japan's leading brokerage firms have begun creating investment funds based on crypto assets for private investors. Major financial institutions like SBI Securities and Rakuten Securities are working on developing their products, while other major players like Nomura plan to enter the market once the legislative framework is finalized. This is reported by Cointelegraph.com reports .
According to Nikkei, SBI Securities aims to launch ETFs and investment funds focused on liquid assets such as Bitcoin and Ethereum, developed by its subsidiary, SBI Global Asset Management. Rakuten Securities, in collaboration with its investment management division, is preparing tools that allow direct trading via smartphone apps.
This initiative is expected to fundamentally change how Japanese investors access crypto assets. Currently, purchasing digital assets requires opening a specific crypto exchange account or creating a wallet. Investment funds will remove technical barriers by allowing access to the crypto market through existing securities accounts.
The Japan Financial Services Agency plans to revise the Investment Trust Act by 2028. These changes include adding crypto assets to the list of official assets that can be included in investment funds. The government is also considering the authorization of crypto ETF products.
Read “Zamin” on Telegram!
