Japan's SBI Securities, Rakuten Securities plan to offer crypto investment trusts

Japan's SBI Securities and Rakuten Securities are set to launch cryptocurrency investment trusts, aiming to provide retail investors with more accessible options for investing in digital assets. The trusts will allow investors to gain exposure to cryptocurrencies without directly holding them, addressing concerns about security and management. Both companies are responding to the growing demand for crypto investment products in Japan, which has seen increased interest in digital currencies. The move is part of a broader trend among traditional financial institutions to integrate cryptocurrency offerings into their services.

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