A Japanese corporate pension fund with about 1,200 participating small and medium-sized businesses plans to allocate roughly 1% of its assets to crypto.
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 year 2026.
According to Nikkei, the Nationwide Business Corporate Pension Fund, based in Okayama, will invest in a passive fund managed by an unnamed “major“ hedge fund that holds multiple crypto assets. The pension fund reportedly manages about 21.3 billion yen in assets (about $130 million).
Japanese crypto news site CoinPost reported that the pension fund is adding crypto as part of an effort to diversify its exposure. It reportedly allocates 80% of its assets to yen, 15% to US dollars and 5% to other currencies.
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