Crypto demand is on the rise with more than half of investment managers in Japan interested in adding exposure to the digital asset class, according to a survey by Nomura.
More than half (54 percent) of investment managers in Japan intend to invest in crypto assets over the next three years, according to a survey by Nomura and its digital asset subsidiary, Laser Digital.
25 percent said they have a «positive» impression of crypto assets with 62 percent seeing the market as a diversification opportunity. On average, the preferred allocation was 2-5 percent.
Product Development
Product development was cited as a major driver for future investments. This includes exchange-traded funds, investment trusts, staking and lending. Around half of respondents said they would also like to invest in Web3 projects either directly or via venture capital funds. For respondents who are not currently considering crypto investments, barriers to entry include counterparty risk, high volatility and regulatory requirements.
The report entitled «Institutional Investor Survey on Digital Asset Investment Trends» was based on responses from more than 500 investment managers in Japan including institutional investors, family offices and public-service corporations.
