The National Business Corporate Pension Fund of Japan, overseeing about $136 million in assets, will allocate 1% to cryptocurrency by fiscal 2026, focusing on a hedge strategy rather than direct investment.
Currently, 80% of its portfolio is in yen-denominated assets, with plans to adjust to 70% yen, and to include both gold and cryptocurrency in a diversified asset bucket. This reflects a strategic move towards mitigating yen depreciation risks, recognizing digital assets as potential store-of-value.
The allocation will be managed indirectly through passive funds operated by hedge funds, avoiding direct token purchases or exposure. This approach signals an increasing institutional interest in crypto, aiming for accessibility while minimizing operational complexities associated with direct ownership.