Six Japanese Asset Managers, Including Nomura and SBI, Move to Launch Crypto Funds
Six prominent Japanese asset managers, including Nomura and SBI, are lining up to create the country’s first regulated crypto investment trusts as the Financial Services Agency (FSA) moves closer to approval. The coordinated push reflects growing confidence among traditional firms that clearer regulatory frameworks will allow them to offer institutional-grade crypto exposure to clients. Firms have been finalizing fund structures and compliance measures while awaiting formal sign-off.
The developments matter because they signal a step toward mainstream institutional adoption in Japan, potentially widening access for pension funds, family offices, and retail investors through regulated vehicles. If approved, the trusts could channel more institutional capital into crypto markets and set precedents for custody, reporting, and investor protections. Market participants will watch the FSA’s decision timetable and subsequent product launches for cues on timing and scale.