Japan's National Commercial Enterprise Pension Fund Plans to Allocate 1% to Cryptocurrencies in Fiscal Year 2026

According to Odaily, the Japan National Commercial Enterprise Pension Fund, which has about 1,200 small and medium-sized enterprise members, plans to start investing in cryptocurrencies in fiscal year 2026. It intends to allocate approximately 1% of its total managed assets to cryptocurrencies, investing in a passive fund managed by large hedge funds that includes a variety of cryptocurrencies. The fund's asset allocation for fiscal year 2025 is 80% in Japanese 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, and the remaining 5% will consist of emerging market currencies, gold, and cryptocurrencies.