Six major asset management companies in Japan are interested in launching Crypto Assets funds.

Golden Finance reports that Japan's six largest asset management companies (with a total Assets Under Management of $2.5 trillion) have expressed their intention to launch Crypto Assets funds. According to confirmed reports, Mitsubishi UFJ Asset Management, Nomura Asset Management, SBI Global Asset Management, Daiwa Asset Management, Asemane One, and Amova Asset Management have all expressed their intentions regarding Crypto Assets funds. Mitsubishi UFJ Asset Management Company is a subsidiary of Mitsubishi UFJ Financial Group — one of the largest financial institutions in the world, with total Assets Under Management of approximately $2.7 trillion. In recent years, Mitsubishi UFJ Financial Group has been exploring various blockchain and crypto asset-related projects, including a stablecoin interoperability platform. At the same time, Nomura Group, the parent company of Nomura Asset Management, is Japan's largest wealth management institution. The group claims to manage 153 trillion yen in client assets and holds a 15% share of the domestic wealth management market in Japan. As of March 2024, Daiwa Asset Management's Assets Under Management is approximately 213 billion USD. According to reports, the aforementioned asset management company intends to simultaneously launch new crypto asset trust products for both retail and institutional investors.