decentralized

broker/dealer

SMBC Nikko Establishes Dedicated DeFi Unit, Positioning for 2026 Regulatory Shift in Japan

SMBC Nikko Securities has established a "DeFi Technology Department" to capitalize on Japan’s evolving digital asset landscape. The new division is tasked with spearheading the brokerage’s expansion into decentralized finance (DeFi) and crypto asset services, anticipating major legislative overhauls expected later this year. The creation of

industry association

Introducing the Japan Digital Decentralized Finance Association (JDFA)

The General Incorporated Association Japan Digital Decentralized Finance Association (JDFA) has been established on December 1, 2025, led by KPMG Japan, which has run study groups on cryptocurrency ETFs. It was created to guide the growth of new financial technologies in Japan by bringing together experts from across the industry.