Over Half of Japanese Institutional Investors Plan Crypto Allocation: Nomura Survey
Japan’s largest investment bank Nomura Holdings and its crypto subsidiary laser Digital, on Monday, released findings from a crypto survey.
The company surveyed over 500 investment managers in Japan, among whom, 54% responded that they intend to invest in crypto assets over the next 3 years.
Over half of those surveyed are motivated to invest in digital assets to some extent in the future, Nomura noted.
Respondents who are considering investing in cryptos highlighted some of the recent factors that drives cryptos’ development. These include the launch of crypto products like exchange-traded funds (ETFs), investment trusts, staking and lending.
Those institutions not considering crypto investments currently, noted some of the barriers including counterparty risks, high volatility and regulatory requirements.
Additionally, 25% of survey respondents have a “positive” impression towards the asset class. Further, 62% noted that they see cryptos as an investment diversification opportunity.
“It was indicated that when investing in crypto assets, the preferred allocation is 2~5% of assets under management (AUM).”
Respondents also expressed interest towards investing in Web3 projects, directly or through venture capital (VC) funds.
Japan is rapidly developing an economic reform bill with notable implications for the crypto industry. Early this year, the government published a legislative proposal that allows venture capital firms and other investment funds to hold digital assets directly.
The inclusion of digital assets in the legal framework not only legitimises their use in institutional investments, but also places the nation as a crypto-friendly jurisdiction globally.
Independent finance news FinanceFeeds released a report in
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