World's largest pension fund explores bitcoin as an investment
Publishing timestamp: 2024-03-19 07:27:54
Summary
Japan's government pension fund is requesting information on "illiquidity assets" such as bitcoin for potential new investments. The fund is looking for basic information on assets like forests, farmland, gold, and bitcoin to potentially incorporate into their portfolio, although there is no indication they will invest in cryptocurrencies. Other pension funds, like South Korea's National Pension Service, have dipped their toes into cryptocurrency investments, and Japan is considering a law that would allow investment funds to hold digital assets.
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Keywords: business news, bitcoin, government pensions and social security, cryptocurrency, technology, investment strategy, markets, japan, bitcoin/usd coin metrics,
Source: https://www.cnbc.com/2024/03/19/japan-pension-fund-explores-bitcoin-as-an-investment.html