A recent study of Japanese investors reveals that institutional traders in Japan have their sights set on investing in cryptocurrency. Nomura’s digital asset arm, Laser Digital, conducted a survey of over 500 investment managers in Japan.
The survey included a wide range of investment managers, from institutional investors to family offices and public-service corporations in Japan, with assets under management (AUM) ranging from several hundred million yen to several hundred billion yen.
The results of the survey indicate that more than 50% of the participants are planning to invest in cryptocurrency within the next three years. Among the respondents, 60% see cryptocurrency as a diversification opportunity, while 38% believe it has a low correlation with other investment assets. Additionally, 37% view cryptocurrency as a hedge against inflation, while 30% are attracted to its high return potential. A smaller percentage, 9%, appreciate the 24/7 nature of the crypto market.
The survey also found that 80% of respondents are committed to investing in cryptocurrency for at least one year, showing a long-term perspective on their investment strategy.
It’s important to note that the opinions expressed in this article are not investment advice, and investors should conduct their own due diligence before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets. Any transfers and trades made are at the investor’s own risk, and any resulting losses are their responsibility. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets, nor does it provide investment advice.