Japan’s $1.5 Trillion GPIF Pension Fund Eyes Bitcoin Amidst Surging Market

Japan’s $1.5 Trillion GPIF Pension Fund Eyes Bitcoin Amidst Surging Market

Japan’s Government Pension Investment Fund (GPIF), managing a staggering $1.5 trillion, has initiated inquiries into diversifying its portfolio, eyeing assets like Bitcoin in addition to gold, forests, and farmland.
The latest move is a call for information and doesn’t signify an immediate expansion of investment targets, including Bitcoin.
World’s Largest Pension Fund Explores Bitcoin
Founded in 2006, GPIF is the largest pool of retirement savings in the world. The administrative agency established by the Japanese government has announced fresh long-term investment strategies.
The latest move is prompted by significant shifts in the economy and society, alongside rapid technological advancements, according to the official document released on March 19th.
As such, the GPIF is initiating a comprehensive five-year investigation scheme aimed at identifying efforts to broaden investment horizons, prioritizing sustainability and risk mitigation. The pension fund has called for data wi

Czytaj więcej

We współpracy z: https://cryptopotato.com/japans-1-5-trillion-gpif-pension-fund-eyes-bitcoin-amidst-surging-market/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy