Japanese pension fund plans 1% crypto allocation

Multiple reports say an unnamed Japanese corporate pension fund plans to allocate 1% of its assets to cryptocurrencies. The allocation would come from the fund's total assets under management.

The reports do not identify which digital currencies would be included or how exposure would be obtained. It is not clear whether the fund would hold coins directly, use tokenized products, or invest through exchange-traded vehicles.

Fund trustees and management have discussed the proposal as part of an internal review of asset mix and return targets. Any allocation remains subject to final approval and to arrangements for custody and risk controls.

Operational issues under consideration include secure custody, counterparty selection and valuation procedures. The reports indicate these steps are being addressed before any purchases are made.

The fund did not provide a comment and its name was not disclosed. The reports did not include a public timetable for when the allocation would be implemented if approved.

Japanese regulators maintain licensing and oversight regimes for cryptocurrency exchanges and service providers. The reports describe the planned 1% allocation as part of a gradual course by some domestic investors to test digital-asset exposure while addressing compliance and operational requirements.