Japan’s Government Pension Investment Fund , 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 prompted by significant shifts in the economy and society, alongside rapid technological advancements, according to the official GPIF currently directs its investments toward different sectors, including domestic bonds, domestic stocks, foreign bonds, foreign stocks, private equity, real estate, and infrastructure. Hence, the decision to explore Bitcoin appears to be crucial at a time when investor sentiment on the asset class has improved vastly following the 2022 debacle.that 94% of sponsors of state and government pension plans had ventured into crypto investments.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: verge - 🏆 94. / 67 Read more »