More than half of institutional investors in Japan plan to invest in cryptocurrencies in the next three years, according to a survey by Nomura Holdings and Laser Digital. 54% of respondents expressed interest in investing in cryptocurrency, the main reasons being portfolio diversification and high profit potential. Most managers prefer to allocate 2-5% of their assets to cryptocurrency. However, investors hesitant to enter the crypto market have highlighted counterparty risk, high volatility and strict regulatory requirements as their main concerns. 😕