SBI Holdings, one of Japan’s largest financial conglomerates, has announced the launch of a new cryptocurrency fund targeting institutional investors.
The fund will focus on a diverse portfolio of digital assets, including Bitcoin, Ethereum, and other leading cryptocurrencies.
SBI’s crypto fund is part of the company’s broader strategy to expand its presence in the digital asset space and provide institutional clients with access to the growing crypto market.
The fund will be regulated under Japan’s stringent financial laws, ensuring that it meets the requirements for transparency and security. This development signals increasing institutional interest in cryptocurrencies in Japan, as large financial firms begin to explore digital assets as part of their investment portfolios.