A major Japanese corporate pension fund plans to allocate about 1% to cryptocurrencies and reduce its exposure to the yen.

According to ChainCatcher, as reported by CoinPost, Japan's Nationwide Corporate Pension Fund plans to launch cryptocurrency investments in fiscal year 2026, with an allocation ratio of about 1% of its total operating assets (approximately 21.3 billion yen).

According to the report, the fund's asset allocation ratio for fiscal year 2025 is: 80% in yen, 15% in US dollars, and 5% in other currencies. However, in fiscal year 2026, the yen allocation ratio will drop to 70%, with 10% newly allocated to developed countries' currencies. The remaining 5% will consist of emerging market currencies, gold, and cryptocurrencies.

The main goal is to diversify currency risk. The fund's executive director, Ayutomo Kiguchi, stated that since the attribute of the US dollar as the benchmark currency may weaken, they have decided not to increase their holdings in US dollars. Instead, they will use Bitcoin and other crypto assets as hedging tools against currency depreciation, since Bitcoin's correlation with the US Dollar Index is relatively low.

After about six years of research, the fund concluded that as the investor base expands, the crypto market has matured. In the future, the fund will continue to study the possibility of expanding its crypto investments, including funds that conduct arbitrage trading across multiple cryptocurrencies.