More Than 50% Japanese Investment Manager Plans To Invest In Crypto, Here's Why!

JAKARTA - The latest survey results from Nomura Holdings, Japan's largest brokerage platform, reveal a trend of optimism among investment managers. More than 50% of investment managers in Japan plan to invest in crypto assets in the next three years. The survey was conducted by Nomura with the wing of his digital asset, Laser Digital, in April involving nearly 500 investment managers in Japan.

Reporting from CoinSpeaker, the survey results show that 54% of investors are showing interest in investing in crypto over the next three years. They see this investment as a way to stabilize portfolios with hedging against inflation and reduce risk through diversification. In addition, nearly 25% of respondents expressed a positive view of crypto, especially Bitcoin (BTC) and Ethereum (ETH), while 62% saw crypto assets as a diversified opportunity.

The survey comes after the Japanese cabinet approved a proposal in February to include crypto assets in the list of assets that can be obtained or held by a local limited investment partnership. According to a separate statement from Nomura on Monday, a revision of the Limited Partnership Act is expected to take place later this year.

In addition, Nomura's survey noted that respondents who have invested or planned to invest in crypto rely on several main drivers such as the development of various crypto investment products such as exchange-trained funds (ETF), staking, lending, investment trusts, and other financial instruments.

As part of a new capitalism' economic policy spearheaded by Prime Minister Fumio Kishida, Japan is actively working to develop its Web3 industry. In December, the government approved a revised tax regime aimed at excluding corporations from paying taxes on crypto profits that had not been realized if they held the asset for the long term.