Editor's PiCK
"Major Japanese asset managers consider launching Bitcoin and virtual asset investment products"
Minseung Kang
Summary
- Major Japanese asset managers are reported to be considering launching investment products for Bitcoin and other virtual assets.
- Major asset managers, including Nomura Holdings, are preparing virtual asset-based investment products.
- The industry assessed that the likelihood of Japanese institutional funds' market entry has increased.
Major Japanese asset managers are reportedly considering launching investment products for virtual assets (cryptocurrencies), including Bitcoin (BTC).
On the 24th (local time), the crypto-focused media Bitcoin Magazine (Bitcoin Magazine) reported via X (formerly Twitter) that "Nomura Holdings (Nomura) and other major Japanese asset managers are preparing Bitcoin and other virtual asset-based investment products."
Specific product structures or launch timing have not been disclosed; however, the industry assesses that the likelihood of Japanese institutional funds entering the market has increased.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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