Japanese corporate pension fund plans 1% crypto allocation: Nikkei
A Japanese corporate pension fund serving about 1,200 small and medium-sized businesses plans to allocate roughly 1% of its assets to crypto as part of a currency diversification strategy.
A Japanese corporate pension fund serving about 1,200 small and medium-sized businesses plans to allocate roughly 1% of its assets to cryptocurrency during fiscal 2026.
According to Nikkei, the Nationwide Business Corporate Pension Fund, based in Okayama, will invest in a passive fund managed by a major hedge fund that holds multiple crypto assets. The pension fund reportedly manages about 21.3 billion yen in assets, or about $130 million.
Japanese crypto news site CoinPost reported that the fund is adding crypto as part of an effort to diversify its exposure. The fund reportedly allocates 80% of its assets to yen, 15% to US dollars and 5% to other currencies.
Source: Cointelegraph →Related News
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