Japanese Pension Fund Plans 1% Allocation to Cryptocurrencies in Fiscal 2026

National Business Corporate Pension Fund, an Okayama-based fund managing approximately 21.3 billion yen ($131.8 million) in assets, plans to allocate roughly 1% of its portfolio to cryptocurrencies in fiscal year 2026. The fund, which serves approximately 1,200 small and medium-sized enterprises as members, will implement the investment through a passive mutual fund managed by a hedge fund to diversify holdings and mitigate currency risk.

The move aligns with increased regulatory support for Japan's crypto sector. The country's House of Representatives recently introduced a bill to classify cryptocurrencies as financial instruments, expected to take effect next year if approved by the upper house.