Japan's National Corporate Pension Fund Plans to Allocate 1% of Its Portfolio to Cryptocurrency by Fiscal Year 2026

Odaily Planet Daily News: The Japan National Corporate Pension Fund, which has about 1,200 small and medium-sized enterprise members, plans to start investing in cryptocurrency in the fiscal year 2026. It plans to allocate approximately 1% of its total managed assets to cryptocurrency, investing in a passively managed fund that is managed by a large hedge fund and contains multiple 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 ratio will be reduced to 70%, and a new 10% allocation will be added to developed country currencies. The remaining 5% will consist of emerging market currencies, gold, and cryptocurrencies.