Investment managers in Japan want to invest in cryptocurrencies, survey reveals – DiarioBitcoin

The survey carried out by Nomura and Digital Laser reflects the growing institutional interest in investing in cryptocurrencies, this as a diversification strategy in a quite promising market.

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• Nomura and Laser Digital conducted a survey among Japanese investment managers
• 54% of participants want to invest in cryptocurrencies in the next three years
• This is part of a diversification strategy, as well as a mechanism to protect against inflation.
• Japan has been opening avenues for companies and residents to invest in cryptocurrencies

The largest banking institution in Japan, Nomura Holdingsfound that more than half of investment managers in the Asian country are contemplating investing in cryptocurrencies in the next three years.

Japanese investors interested in cryptocurrencies

The Nomura team’s reading came about after conducting joint research with its digital assets management, Digital Laser. Both entities conducted a survey that included the participation of more than 500 investment managers in Japan, of which 54% of those interviewed stated that they consider cryptocurrencies within their commercial strategies.

In this regard, those who stated that they consider cryptocurrencies within their investment plans indicated that these assets can be very useful for stabilizing portfolios, while reducing risk by opening up room for diversification, as well as possible coverage against inflation. local currency.

Going deeper into the results, 25% of those surveyed said that they positively perceive cryptocurrencies as Bitcoin and Ethereum, while for 62% they represent an opportunity to diversify investments and venture into a very lucrative sector.

The results of the research come months after the government enabled the possibility for venture capital firms and investment companies to acquire and hold cryptocurrencies as part of their business strategies. The study of Nomura puts on the table the interest of Japanese entities and residents in these assets and their associated market.

Let us keep in mind that in the middle of last year, the National Tax Agency of Japan clarified that cryptocurrency issuing companies in the country will not have to pay taxes on unrealized capital gains, that is, as long as said assets are not exchanged for fiat money even if they have revalued.

On the other hand, exchanges and companies that wish to trade cryptocurrencies in Japan must access the respective license to be able to carry out their operations. Entities like Binance They have been seeking regulatory approval to expand their operations to the Japanese country.

And from the adoption side we have the case of Mercaria popular e-commerce store in Japan, is preparing to adopt payments with Bitcoin this 2024.

In the case of Nomura Group, through Laser Digital has a new fund that allows institutional investors to have exposure to Bitcoin.

Article by Angel Di Matteo / DailyBitcoin

Picture of Unsplash

WARNING: This is an informative article. DiarioBitcoin is a media outlet, it does not promote, endorse or recommend any particular investment. It is worth noting that investments in cryptoassets are not regulated in some countries. They may not be suitable for retail investors as the entire amount invested could be lost. Check the laws of your country before investing.