According to BlockBeats, on June 22, a Japanese commercial enterprise pension fund based in Okayama and representing approximately 1,200 small and medium-sized enterprises announced plans to begin investing in cryptocurrency during the 2026 fiscal year. The fund intends to allocate about 1% of total assets to crypto through a passive fund managed by a major hedge fund containing multiple digital assets.
The fund is rebalancing its asset allocation from 80% Japanese yen, 15% U.S. dollars, and 5% other currencies in 2025 to 70% yen, 10% developed market currencies, and 5% allocated to emerging market currencies, gold, and crypto in 2026. The adjustment aims to diversify currency risk, with executives noting that bitcoin's near-zero correlation with the U.S. dollar index makes it a viable hedge against currency devaluation.