Japanese brokerages are preparing to distribute investment trusts incorporating cryptocurrencies, including Bitcoin, once Japan's Financial Services Agency completes a regulatory framework expected to permit such products around 2028.
Japan's Major Brokerages Line Up for Crypto Investment Funds: Nikkei
Nomura Securities and other major full-service brokerages, including Daiwa, SMBC Nikko and Mizuho are also preparing to enter the market pending finalisation of the rules, according to a Nikkei report citing a survey of 18 major securities firms.
The products would allow retail investors to gain exposure to digital assets through regulated fund structures without directly holding crypto, bringing Bitcoin and other tokens into the mainstream of Japan's investment landscape alongside equities and fixed income.
The moves signal a broader normalisation of crypto within Japan's financial system and follow a series of steps by major Asian institutions to embed themselves in the digital asset sector ahead of anticipated regulatory change.