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Crypto

Japan to enter bitcoin spot ETF era; $18.4 billion market seen by FY2028

Japan\'s bitcoin spot exchange-traded fund market could grow to about $18.4 billion by fiscal 2028, as retail investor access broadens, institutional money flows in and tax changes take hold, industry participants say. Digital asset manager XWIN said the forecast is based on realistic funding assumptions, with the target equalling 0.13 percent of Japanese household financial assets. It also pointed to retail channels, institutions and product supply from financial firms as key inflow routes.

Crypto

Digital Asset raises additional $10 million from Shinhan Financial, SC Ventures

Digital Asset, developer of the Canton blockchain, has raised an additional $10 million from South Korea’s Shinhan Financial Group and Standard Chartered’s SC Ventures. TheBlock reported the investment increased the company’s ongoing funding round to $365 million from $355 million, at the same $2 billion valuation as the previous round. Digital Asset last month announced a $355 million fundraising led by a16z crypto with participation from major institutions.

Crypto

Crypto accounts hit 10 million; why crypto still has not changed daily life, industry cites final barrier

Regulatory burdens, a lack of consumer-facing services and slow corporate adoption have held back wider use of cryptocurrencies and blockchain despite their technical potential, the industry said. Panelists at Japan\'s WebX 2026 said repeated hacking incidents tightened regulation and raised compliance costs. They said Japan has more than 10 million crypto trading accounts, but the next step hinges on everyday usefulness, with stablecoins and improved user experience seen as key variables over the next 1 to 2 years.