The Government Pension Investment Fund (GPIF) of Japan, recognized as the world’s largest pension fund, is considering the potential of Bitcoin (BTC) as a means of diversifying its portfolio. On March 19, the GPIF officially announced its intention to develop new long-term investment strategies in response to significant changes in the economy, society, and rapid technological advancements. In order to tackle these new challenges, the GPIF has initiated a five-year research plan that aims to explore innovative methods for diversifying investments while prioritizing sustainability and risk management. As part of this plan, the GPIF will request various data, including information on “illiquid assets” that are not currently held by the fund. These assets encompass cryptocurrencies such as Bitcoin, precious metals like gold, and other alternative assets. This is an ongoing development, and further updates will be provided as they emerge.
Largest global pension fund considers venturing into Bitcoin for diversification purposes