Crypto World News: Japan's SBI Group is accelerating the promotion of XRP-related products to be listed on the Tokyo Stock Exchange, aiming to achieve an asset management scale of $3.2 billion within three years. Japan's relationship with XRP is entering an active phase, with institutional investor experiments gradually erasing the boundaries between traditional finance and digital assets. SBI Group plans to launch XRP-related investment products, including Bitcoin and XRP ETFs that may be listed on the Tokyo Stock Exchange. Although regulatory approval is still pending, this trend is becoming increasingly evident. Japan's Financial Services Agency is reviewing a framework to formally classify crypto assets as financial instruments, which, if approved, will bring crypto assets into a regulated brokerage system. SBI Securities and Rakuten Securities are also launching their own crypto investment products, marking active integration within Japan's brokerage industry.

XRP-1.21%
BTC-0.4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned