National Business Corporate Pension Fund announced that it will earmark roughly 1% of its portfolio for crypto assets in fiscal year 2026, deploying the investment through a passive mutual fund overseen by a hedge fund.
Allocation Details
The pension fund, which oversees assets totaling 21.3 billion yen (about $131.8 million), plans to channel the crypto portion into a diversified blockchain‑based product. Investors within the fund’s 1,200 small‑ and medium‑size enterprise membership will gain indirect exposure to the crypto market without holding individual coins.
Portfolio Rebalancing
In FY2025, the fund’s holdings comprised 80% yen, 15% U.S. dollar‑denominated assets, and 5% other currencies. The upcoming strategy reduces yen exposure to 70%, raises developed‑country currency holdings to 10%, and allocates 5% to emerging‑market currencies, while also adding gold and the new crypto position.
Regulatory Environment
Japan’s recent regulatory moves, highlighted by supportive statements from the House of Representatives, have created a more favorable climate for crypto investors. This backdrop encourages traditional investors, such as pension funds, to diversify using blockchain‑linked instruments.