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More Than Half of Japanese Institutional Investors Looking to Invest in Crypto: Survey From Nomura Arm

source-logo  dailyhodl.com 25 June 2024 22:28, UTC

A recent survey of Japanese investors finds that institutional traders in Japan are aiming to allocate funds to crypto.

In a recent report, Japanese financial giant Nomura’s digital asset arm Laser Digital surveyed over 500 investment managers in Japan.

“More than 500 investment managers in Japan were surveyed; from institutional investors, family offices and public-service corporations in Japan, with AUM (assets under management) ranging from several hundred million yen to several hundred billion yen.”

According to the survey, over 50% of surveyed participants expressed intentions to invest in crypto within three years.

60% of respondents are interested in crypto as a diversification opportunity, while 38% identified crypto as having a low correlation with other investment assets.

37% said crypto was a hedge against inflation. Meanwhile, 30% were interested due to crypto’s high return potential, and 9% appreciated the crypto market’s 24/7 nature.

“Respondents are interested to invest in crypto assets for the purpose of stabilizing their portfolio while reducing risk, such as diversification and hedging against inflation, more than in pursuit of potential returns.”

Furthermore, the survey found that 80% of respondents were in it for the long haul, willing to invest in crypto for at least one year.

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dailyhodl.com