Japan's National Pension Fund for Commercial Enterprises Plans to Allocate 1% to Cryptocurrencies in FY2026

Odaily reports that Japan's National Pension Fund for Commercial Enterprises, which has about 1,200 member SMEs, plans to begin investing in cryptocurrencies in the fiscal year 2026. The fund intends to allocate approximately 1% of its total managed assets to cryptocurrencies, investing in passive funds managed by large hedge funds that include a variety of cryptocurrencies. The fund's asset allocation ratio for fiscal year 2025 is 80% in yen, 15% in US dollars, and 5% in other currencies. For fiscal year 2026, the yen allocation will be reduced to 70%, with a new 10% allocation to developed market currencies. The remaining 5% will consist of emerging market currencies, gold, and cryptocurrencies.