From the Nomura Report, it emerged that in Japan, the majority of institutional investors intend to become ‘crypto investor’. Specifically, 54% of respondents said that in the next three years they will invest in cryptocurrencies.
Japan: the majority wants to become a crypto investor in the next 3 years
According to what has been reported, it seems that in the next three years there will be an increase in crypto investors in Japan.
Specifically, 54% of respondents (the majority) stated that they intend to invest in cryptocurrencies. Not only that, 25% of companies reportedly have a positive impression of digital assets.
The survey was conducted by Nomura (NMR) and its subsidiary Laser Digital in April 2024, to understand the trends and future investment intentions in digital assets in the Japanese market.
In practice, this survey involved more than 500 investment managers in Japan, coming from institutional investors, family offices, and public service companies in the country, with AUM ranging from a few hundred million yen to a few hundred billion yen.
The survey also showed that 62% of respondents consider cryptocurrency as a diversification opportunity. Not only that, many investors consider digital assets as an investment asset class.
Japan: 80% stated that they will become a crypto investor within a year
Narrowing the timeframe, the survey also stated that 80% of respondents intend to invest in crypto within a year.
From the survey, it also emerged what the preferred allocation for digital assets will be by the respondents. It seems that the range is between 2% and 5% of assets under management (AUM).
In any case, for those who are already more involved in the crypto world, it seems that there is enthusiasm for the development of new products. Among others, crypto ETFs, or investment funds and staking and lending offers have been indicated as the main stimulating factors for future investments in cryptocurrencies.
And again, the survey also revealed that about half of the respondents would like to invest directly in Web3 projects or through venture capital funds.
The largest holder company of BTC in the country
Beyond the present optimistic data on the future of crypto in Japan, it has recently emerged that the largest holder company of Bitcoin in the country wants to continue accumulating BTC.
It is Metaplanet, an investment consulting company based in Japan, which announced the launch of a bond offering to raise funds to purchase additional bitcoin.
Specifically, Metaplanet is already a holder of 9 million dollars in BTC and the goal is to raise 1 billion yen to buy another 6 million dollars in BTC.