Japan Pension Fund Serving 1,200 Firms Plans Crypto Allocation

From financefeeds.com

A Japanese corporate pension fund serving about 1,200 small and medium-sized businesses plans to allocate roughly 1% of its assets to cryptocurrency during fiscal year 2026, marking a cautious but notable step for institutional crypto adoption in Japan. The Nationwide Business Corporate Pension Fund, based in Okayama, reportedly manages about 21.3 billion yen, or roughly $130 million, in assets. The fund plans to invest through a passive vehicle managed by an unnamed major hedge fund that holds multiple crypto assets. The allocation is small in percentage terms, but its relevance comes from the type of investor ... (full story)