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

Odaily Planet Daily News: Japan's National Federation of Business Enterprise Pension Funds, which has approximately 1,200 small and medium-sized enterprise members, plans to begin investing in cryptocurrency in the fiscal year 2026. It intends to allocate about 1% of its total managed assets to cryptocurrency, investing in passive funds managed by large hedge funds that contain a variety of cryptocurrencies. The fund's asset allocation ratio for fiscal year 2025 is 80% Japanese yen, 15% US dollar, and 5% other currencies; for fiscal year 2026, the yen allocation will be reduced to 70%, with a new 10% allocation to developed market currencies, and the remaining 5% will be composed of emerging market currencies, gold, and cryptocurrency.