Three Japanese securities giants have stated that they are considering entering the cryptocurrency trading business

Three Japanese securities giants with a total market capitalization of approximately $48 billion have indicated that they are considering entering the cryptocurrency trading business, with the largest among them aiming to offer crypto trading services by the end of 2026.

According to the Nikkei, Japan's largest securities provider, Nomura Holdings, which manages about $673 billion in client assets, will conduct related business through its Swiss crypto subsidiary, Laser Digital. The report states that the other two companies—Daiwa Securities Group and SMBC Nikko Securities—are also actively considering entering the cryptocurrency trading market. These companies anticipate a surge in crypto investment demand when Tokyo relaxes restrictions on cryptocurrency exchange-traded funds, and are therefore planning ahead. Japanese firms are determined not to let the plunge in Bitcoin prices derail their crypto adoption plans, expecting a significant increase in digital asset reserves to bolster their crypto holdings by 2026.