SBI, Rakuten, Nomura line up to launch crypto investment trusts: Report
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Japan's major brokerages, including SBI Securities and Rakuten Securities, are set to launch crypto investment trusts for retail investors. SBI plans to offer funds developed by SBI Global Asset Management, focusing on assets like Bitcoin and Ethereum. This shift allows investors to access crypto through existing securities accounts, simplifying participation. Nomura and Daiwa are also developing similar products, while Japan's Financial Services Agency is revising regulations to include cryptocurrencies in investment trusts by 2028.
Source: Cointelegraph The copyright of this article belongs to the original author/organization.
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