To Launch by the End of November! SBI Holdings Introduces Cryptocurrency Fund, Emphasizing: "This is not a high-volatility speculative asset"

Japanese financial group SBI Holdings plans to launch a cryptocurrency fund by the end of November, offering Japanese investors options to invest in Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, and other cryptocurrencies.

SBI Director and Senior Executive Tomoya Asakura stated that the fund could grow to hundreds of millions of dollars, and investors may need to deposit at least 1 to 3 million Japanese yen.

I hope people will combine cryptocurrencies with other assets and experience firsthand the benefits it brings to a diversified investment portfolio.

Tomoya Asakura expressed his commitment to demonstrating to the Japanese public and the Financial Services Agency that cryptocurrencies can be part of a balanced investment portfolio, rather than being seen as "highly volatile and speculative assets" by many.

SBI Holdings Group is a publicly listed company on the Tokyo Stock Exchange and also the first Japanese company listed in Hong Kong, known as "SBI Holdings." The company operates in various countries across North America, Europe, South America, the Middle East, and Southeast Asia.

Meanwhile, Japanese regulators have been recruiting more staff to develop stricter global rules for digital currencies. The Japanese Ministry of Finance is considering increasing experienced regulatory bodies in July to oversee the global cryptocurrency and blockchain industry, with the Financial Services Agency (FSA) establishing a new department for digital currency regulation.

This article is authorized to be reprinted from Horizon News Network