Majority of Institutions Plan to Invest
A recent survey by Nomura Holdings and Laser Digital Holdings reveals that Japanese institutional investors are embracing cryptocurrency.
Key Findings:
- 54% of investors plan to invest in crypto within the next three years.
- 62% see crypto as high-return investment opportunities.
- 16% consider crypto as potential substitutes for traditional currencies.
- Investors intend to allocate 2-5% of their assets to crypto.
- Over half of investors are exploring crypto-related activities like staking and mining.
Challenges:
Regulatory Landscape:
- Japan is more accommodating than other Asian countries.
- Venture capital firms can now hold crypto directly.
- Prime Minister Kishida supports the growth of digital asset firms.
- Crypto ETFs could further boost market activity.
Impact:
- Metaplanet Inc. has invested in Bitcoin as a long-term asset.
- The proactive regulatory environment is attracting investors to the Japanese crypto market.
