Coincheck Group partners with DFNS to build institutional-grade digital asset custody solutions in Japan.
Ecosystem ·
Coincheck Group has entered a partnership with DFNS to develop institutional-grade custody infrastructure for digital assets in Japan. The collaboration addresses growing demand from institutional investors entering the crypto market as regulatory frameworks evolve across the region.
Japan's regulatory environment has undergone significant transformation, with parliament advancing legislation to reclassify digital assets as financial instruments under the same framework governing equities and derivatives, rather than treating them as a separate category. This reclassification brings tax relief—reducing the maximum effective rate from 55% to a flat 20% beginning in 2028—and introduces insider trading protections for crypto markets. These changes are expected to facilitate crypto exchange-traded fund launches on the Tokyo Stock Exchange as early as 2027.
The partnership emerges amid broader institutional interest in Japan's crypto market. Recent surveys indicate that a majority of Japanese institutional investors view digital assets as portfolio diversifiers and plan capital allocation into the space. How the custody offering will integrate with pending securities law changes and whether it will support specific asset classes remain unclear; the announcement did not specify the timeline or initial custody targets.