According to reports, the Nationwide Business Corporate Pension Fund, based in Okayama and serving approximately 1,200 small and medium-sized businesses, plans to allocate roughly 1% of its assets to cryptocurrency during fiscal year 2026. The fund, which manages about $130 million in assets, will invest through a passive vehicle managed by an unnamed major hedge fund holding multiple crypto assets.
The move comes as Japan advances regulation of digital assets. On June 11, Japan's House of Representatives passed legislation bringing crypto assets under the Financial Instruments and Exchange Act, potentially paving the way for crypto exchange-traded funds and revised tax treatment on digital-asset gains.