Japan's Pension Fund Takes Bold Step into Crypto with 1% Allocation

The National Business Corporate Pension Fund of Japan plans to invest 1% of its ¥21.3 billion assets in cryptocurrency, marking a significant first for corporate pension funds in Japan. This decision aligns with new regulatory changes reclassifying crypto within securities law. The fund views Bitcoin as a currency diversifier rather than a growth asset, aiming to hedge against dollar decline with measured risk.