Japan's $1.5 Trillion Pension Fund Explores Bitcoin
The Government Pension Fund of Japan (GPIF), the world's largest pension fund with ~$1.5 trillion in assets under management, has become interested in Bitcoin .
Breaking: Japan's Government Pension Investment Fund, the world's largest pension fund with $1.5 trillion under management, announced that it will seek information on business diversification, including Bitcoin, gold, forests and farmland.
— Wu Blockchain (@WuBlockchain) March 19, 2024
This announcement is a request for…
According to Bloomberg, the GPIF has asked the public for information on low-liquidity assets such as Bitcoin, gold, forests and farmland.
The GPIF currently invests its reserves in traditional assets such as stocks and bonds, both domestically and internationally, as well as alternative assets such as real estate.
The Bitcoin Research Initiative is part of a five-year study aimed at developing innovative investment strategies in response to economic and social changes, as well as rapid advances in technology.
At this stage, the collection of information does not mean that GPIF will necessarily expand its investment declaration in the future.
However, this is a significant development that could signal growing institutional investor interest in Bitcoin.