According to a new survey by Nomura Holdings’s digital asset subsidiary, Laser Digital, over half of Japanese institutional investors are planning to invest in digital assets in the next three years.
The survey, which aimed to gauge the sentiment of Japanese investment managers towards crypto assets, involved over 500 investment managers from various institutions, family offices, and public-service corporations in Japan. These organizations manage assets ranging from several hundred million yen to several hundred billion yen.
The survey revealed that 54% of the respondents are interested in investing in digital assets in the next three years, indicating a growing interest in crypto assets. Additionally, about half of the respondents expressed a desire to invest in Web3 projects, either directly or through venture capital funds.
More than 25% of the respondents in the survey reported having a favourable opinion of cryptocurrency assets. Additionally, 62% of them see crypto assets as a way to diversify their investments and prefer to allocate between 2% and 5% of their assets to this. Many respondents are motivated by the development of products such as ETFs, investment trusts, staking, and lending.
According to the survey, individuals who are not yet considering digital assets cite barriers such as counterparty risk, high volatility, and regulatory requirements. Lazerpay suggested that Japan’s evolving digital asset regulations may help lower these barriers, which could encourage more institutional investors to participate in the future.
Meanwhile, Nomura Holdings and GMO Internet Group recently announced a partnership to explore the issuance of stablecoins based on Japan’s Yen (JPY) and the U.S. Dollar (USD). Nomura, through Laser Digital, will contribute its expertise in digital asset trading and management. Both companies plan to introduce a “Stablecoin-as-a-Service” solution, offering a comprehensive framework for stablecoin operations, including regulatory compliance and blockchain integration.
Both companies believe the partnership will enhance financial innovation and accessibility in Japan.
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