Japan's National Federation of Business Enterprise Pension Funds Plans to Allocate 1% to Cryptocurrency in FY2026

Odaily Odaily reports that Japan's National Federation of Business Enterprise Pension Funds, which represents approximately 1,200 small and medium-sized enterprises, plans to begin investing in cryptocurrency in fiscal year 2026. It intends to allocate about 1% of its total managed assets to cryptocurrencies, investing in a passively managed fund composed of multiple cryptocurrencies administered by a major hedge fund. The fund's asset allocation for FY2025 is 80% yen, 15% USD, and 5% other currencies; for FY2026, the yen allocation will decrease to 70%, and a new 10% allocation to developed market currencies will be added. The remaining 5% will consist of emerging market currencies, gold, and cryptocurrency.