Japanese corporate pension fund plans to invest 1% of assets in crypto

A Japanese corporate pension fund representing about 1,200 small and medium-sized businesses plans to invest approximately 1% of its total assets in cryptocurrency starting in the 2026 fiscal year, Nikkei reported. The fund, which manages around 21.3 billion yen ($130 million), will reportedly invest in a passive product from a global hedge fund that holds a portfolio of multiple cryptocurrencies.