Nomura Digital Asset Research: 54% of Japanese Institutional Investors Plan to Purchase Crypto Assets in the Next Three Years

Nomura and its digital asset subsidiary Laser Digital surveyed 547 Japanese institutional investors in April. They found that 54% of investors will buy crypto assets in the next three years. However, only a quarter have a positive impression of cryptocurrencies, while 52% are neutral.
Diversification was cited as the most important driver of investment, with 62% of investors viewing it as a benefit. Those respondents who know more about cryptocurrencies were more enthusiastic about the potential for diversification (88%). Other motivations included the low correlation of earnings with other assets, inflation hedging, and the potential for high returns. Two-thirds saw a 2-5% cryptocurrency allocation as optimal, with 17% seeing a higher proportion.