Japan's corporate pension fund to allocate 1% of assets to crypto by fiscal 2026
By
Timmy Shen
Summary
Japan's National Business Corporate Pension Fund, which manages about 21.3 billion yen ($131.8 million) for roughly 1,200 small and midsize enterprises, plans to allocate approximately 1% of its total assets to cryptocurrency investments starting in fiscal 2026. The investment would be made through a passive fund managed by a hedge fund, according to reports from Coinpost and Nikkei. This move signals growing acceptance of crypto assets within Japan's traditional financial sector.
Source
Twitter / XJapan's corporate pension fund to allocate 1% of assets to crypto by fiscal 2026theblock.coKey quotes
· 3 pulledA Japanese corporate pension fund plans to begin investing in cryptocurrencies in fiscal 2026, as the country's traditional financial sector increasingly embraces crypto assets
The National Business Corporate Pension Fund, based in Okayama, plans to allocate roughly 1% of its total assets to crypto by investing in a passive fund managed by a hedge fund
The fund, whose members include about 1,200 small and midsize enterprises, manages approximately 21.3 billion yen ($131.8 million)
You might also wanna read
Japan's Lower House Passes Crypto Bill That Could Enable ETFs and Lower Tax Rates
Japan's Lower House has passed a bill that would classify crypto assets under the country's financial instruments framework, similar to stoc
cointelegraph.com·13d ago
Japanese bank trust accounts set record with ¥3.16 trillion foreign bond purchases in May
Japanese pension fund proxies (bank trust accounts) purchased a record net ¥3.16 trillion ($19.7 billion) in foreign bonds during May, accor
米AIアンソロピック、IPO申請と発表 160兆円規模で上場へ
Bitcoin traders eye BOJ rate decision as yen short positions hit nine-year high
Bitcoin traders are closely watching the Bank of Japan's expected interest rate hike to 1% on Tuesday, as leveraged funds have built up the
coindesk.com·10d ago
SBI Shinsei Bank Pilot Program Lets Customers Convert Deposit Interest into Bitcoin, Ethereum, and XRP Vouchers
SBI Shinsei Bank in Japan is launching a pilot program on June 10 that lets customers convert 20% of their deposit interest into crypto exch
coinpedia.org·16d ago
Bitcoin rises 1.5% to $66,500 after Bank of Japan rate hike; XLM, INJ, UNI lead altcoin gains
Bitcoin rose 1.5% to over $66,500 after the Bank of Japan raised interest rates to a 31-year high, continuing its recovery from a June low b
coindesk.com·8d ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.