{"id":72657,"date":"2026-05-17T20:05:46","date_gmt":"2026-05-17T20:05:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sbi-and-rakuten-build-crypto-trusts-as-11-japan-brokerages-eye-entry\/"},"modified":"2026-05-17T20:05:46","modified_gmt":"2026-05-17T20:05:46","slug":"sbi-and-rakuten-build-crypto-trusts-as-11-japan-brokerages-eye-entry","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sbi-and-rakuten-build-crypto-trusts-as-11-japan-brokerages-eye-entry\/","title":{"rendered":"SBI and Rakuten Build Crypto Trusts as 11 Japan Brokerages Eye Entry"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SBI Securities and Rakuten Securities plan to sell crypto investment trusts, opening bitcoin and ethereum to retail brokerage accounts.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Japan\u2019s FSA targets 2028 for Investment Trust Act revisions, with a proposed 20% tax rate replacing the current 55% cap.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Nomura, Daiwa, and 11 other firms will evaluate crypto fund offerings once Japan\u2019s regulatory framework is finalized.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Japan Brokerages Push <span>Crypto<\/span> Funds as FSA Eyes 2028 Regulatory Deadline<\/h2>\n<p>SBI Securities and Rakuten Securities plan to develop and distribute <span>crypto<\/span> investment trusts in-house, according to a recent Nikkei Asia <a href=\"https:\/\/asia.nikkei.com\/spotlight\/cryptocurrencies\/japan-s-sbi-rakuten-to-sell-crypto-investment-trusts-developed-in-house\" target=\"_blank\" rel=\"noopener noreferrer\">report<\/a>. The products would give ordinary brokerage customers exposure to <span>bitcoin<\/span> and ethereum without requiring a separate exchange account or digital wallet.<\/p>\n<p><a href=\"https:\/\/news.bitcoin.com\/sbi-group-visa-launch-crypto-card-with-up-to-10-btc-eth-xrp-promo-rewards\/\">SBI<\/a> Securities intends to sell funds built by its group company SBI Global Asset Management. The group plans to handle product development, ETF structuring, and distribution entirely within its own ecosystem.<\/p>\n<p>Rakuten Securities is taking a similar approach, as Nikkei Asia contributors Miyu Fukawa and Shogo Furuta detailed. The firm is working with Rakuten Investment Management to make <span>cryptocurrency<\/span> investment trusts available through its smartphone app.<\/p>\n<p>Nikkei Asia surveyed 18 major Japanese securities firms and found broad interest. Nomura Securities, Daiwa Securities, SMBC Nikko Securities, Mizuho Securities, Mitsubishi UFJ Morgan Stanley Securities, and seven others said they would consider offering such products once regulations are finalized.<\/p>\n<p>The Financial Services Agency (FSA) is working to amend the Investment Trust Act so that <span>cryptocurrencies<\/span> qualify as specified assets eligible for investment vehicles, with a target date of 2028. That change would allow brokerages and asset managers to legally hold <span>crypto<\/span> inside fund structures.<\/p>\n<p>In April 2026, Japan\u2019s government approved a bill to reclassify <span>cryptocurrencies<\/span> as financial products under the Financial Instruments and Exchange Act, moving them out of the payments category. If parliament passes the bill during the current session, the rules are expected to take effect in fiscal 2027.<\/p>\n<p>The proposed legislation would also cut the tax rate on <span>cryptocurrency<\/span> gains to 20%, matching the rate applied to stocks and bonds. Currently, Japanese investors can face a tax rate as high as 55% on <span>crypto<\/span> profits.<\/p>\n<p>The revised framework would also impose stricter custody and security requirements on trust banks and other institutions managing <span>cryptocurrency<\/span> in investment operations, and add prohibitions on insider trading.<\/p>\n<p>Japan has maintained a regulated domestic <span>crypto<\/span> exchange sector for years, with licensed platforms including Bitflyer, <a href=\"https:\/\/news.bitcoin.com\/japanese-telecom-backed-fintech-group-kddi-acquires-coincheck-group-stake-for-65m\/\">Coincheck<\/a>, and SBI VC Trade. <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-Bitcoin-ETF\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin ETFs<\/a> began trading in the U.S. in 2024, with similar products now listed in Canada, Hong Kong, and Australia.<\/p>\n<p>Nomura and Daiwa have previously announced plans to develop <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> investment products within their respective groups. SMBC Group has formed a cross-group task force to examine the opportunity, and Asset Management One, under Mizuho Financial Group, has begun internal discussions.<\/p>\n<p>Spot <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> ETFs listed on the Tokyo Stock Exchange remain a longer-term possibility pending FSA rule-setting, Nikkei Asia reported. The market implications are significant: surveys indicate nearly 80% of Japanese institutional investors plan to allocate 2% to 5% of their portfolios to <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> assets by 2029.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/report-sbi-and-rakuten-build-crypto-trusts-as-11-japan-brokerages-eye-entry\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways SBI Securities and Rakuten Securities plan to sell crypto investment trusts, opening bitcoin and ethereum to retail brokerage accounts. Japan\u2019s FSA targets 2028 for Investment Trust Act revisions, with a proposed 20% tax rate replacing the current 55% cap. Nomura, Daiwa, and 11 other firms will [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":72658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72657"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72657"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72658"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}