Japan’s corporate pension fund plans to allocate 1% of assets to crypto: reports
The Block·
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Japan's National Business Corporate Pension Fund reportedly plans to allocate approximately 1% of its assets to cryptocurrency, according to Coinpost. This decision would diversify the fund's portfolio and potentially capitalize on crypto's growth prospects. Market observers speculate that a significant allocation from a reputable pension fund could boost investor confidence and drive mainstream adoption of cryptocurrencies.
The National Business Corporate Pension Fund plans to allocate roughly 1% of its assets to crypto, according to Coinpost.