Japan's National Commerce Enterprise Pension Fund Plans 1% Allocation to Crypto in FY2026 for Currency Hedging

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According to CoinPost, Japan's National Commerce Enterprise Pension Fund (based in Okayama) plans to allocate approximately 1% of its operational assets to cryptocurrency in fiscal year 2026 to diversify currency risk. The fund will invest through passive funds managed by major hedge funds. The fund intends to reduce its yen allocation from 80% to 70%, add 10% in advanced-economy currencies, and allocate the remaining 5% to emerging market currencies, gold, and cryptocurrencies. The fund cited bitcoin's extremely low correlation with the U.S. dollar index as a hedge against potential weakening of dollar dominance.
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