--- title: "SBI, Rakuten, Nomura line up to launch crypto investment trusts: Report" type: "News" locale: "en" url: "https://longbridge.com/en/news/286670995.md" description: "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." datetime: "2026-05-17T10:51:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286670995.md) - [en](https://longbridge.com/en/news/286670995.md) - [zh-HK](https://longbridge.com/zh-HK/news/286670995.md) --- # SBI, Rakuten, Nomura line up to launch crypto investment trusts: Report Japan’s major brokerages are preparing to bring crypto investment trusts to retail investors, with SBI Securities and Rakuten Securities already developing products in-house, while others like Nomura plan to enter the space once regulations are finalized. SBI Securities plans to sell funds developed by group company SBI Global Asset Management, with products spanning both ETFs and investment trusts focused on liquid assets like Bitcoin and Ethereum, according to a Sunday report by Nikkei. The group intends to handle everything from product development to distribution in-house. Rakuten Securities is taking a similar approach, working with Rakuten Investment Management to build products tradeable directly through smartphone apps, the report revealed. The move would mark a significant shift in how ordinary Japanese investors access crypto. Currently, buying digital assets requires opening a dedicated exchange account or setting up a wallet. Investment trusts would allow crypto exposure through existing securities accounts, removing a key barrier for retail participation. **Nomura, Daiwa, SMBC moving toward crypto funds** Among the larger names, Nomura and Daiwa have both announced plans to develop crypto investment trusts within their respective groups, Nikkei reported. SMBC Group, including SMBC Nikko, has set up a cross-group task force to evaluate its options, while Asset Management One, under Mizuho Financial Group, has begun preliminary exploration. The move comes as Japan’s Financial Services Agency is moving to revise the enforcement order of the Investment Trust Act by 2028, which would formally add cryptocurrencies to the list of specified assets investment trusts can hold. Last month, Japan formally reclassified crypto assets as financial instruments under an amended Financial Instruments and Exchange Act, bringing them under the same regulatory umbrella as stocks and bonds. The bill, if passed in the current parliamentary session, is expected to take effect in fiscal 2027. **Japan to allow spot crypto ETFs** Japan is also reportedly considering rule changes that could allow crypto ETFs as early as 2028, with major financial groups including Nomura Holdings and SBI Holdings among the first expected to develop such products. SBI Holdings has already outlined plans for a Bitcoin-XRP dual ETF and a gold-crypto ETF, pending regulatory approval. ### Related Stocks - [8473.JP](https://longbridge.com/en/quote/8473.JP.md) - [4755.JP](https://longbridge.com/en/quote/4755.JP.md) - [8604.JP](https://longbridge.com/en/quote/8604.JP.md) - [RKUNY.US](https://longbridge.com/en/quote/RKUNY.US.md) - [BTCHKD.VAHK](https://longbridge.com/en/quote/BTCHKD.VAHK.md) - [BTCUSD.VAHK](https://longbridge.com/en/quote/BTCUSD.VAHK.md) - [ETHHKD.VAHK](https://longbridge.com/en/quote/ETHHKD.VAHK.md) - [ETHUSD.VAHK](https://longbridge.com/en/quote/ETHUSD.VAHK.md) - [NMR.US](https://longbridge.com/en/quote/NMR.US.md) - [8601.JP](https://longbridge.com/en/quote/8601.JP.md) - [8316.JP](https://longbridge.com/en/quote/8316.JP.md) - [SMFG.US](https://longbridge.com/en/quote/SMFG.US.md) - [8411.JP](https://longbridge.com/en/quote/8411.JP.md) - [MFG.US](https://longbridge.com/en/quote/MFG.US.md) ## Related News & Research - [Rakuten Group (TSE:4755) EPS Loss Narrows In Q1 2026 Challenging Profitability Skeptics](https://longbridge.com/en/news/286546163.md) - [XRP Bulls Prepare to Storm the Gates as SBI Opens a 200 Billion Dollar Tokyo Pipeline](https://longbridge.com/en/news/283377151.md) - [Syscoin to Participate in Fintech Trujillo Summit on May 22nd–24th](https://longbridge.com/en/news/286673665.md) - [Crypto ETF Race Intensifies With TKNS Launch, Targeting Bitcoin, Altcoin Growth](https://longbridge.com/en/news/286443783.md) - [Ethereum Community Debates Changes To Staking Model As ETH Remains Stuck Below $2,300](https://longbridge.com/en/news/286153164.md)