Largest global pension fund ventures into exploring Bitcoin for diversification.

Japan’s Government Pension Investment Fund (GPIF), the largest pension fund in the world, is considering the potential use of Bitcoin (BTC) as a means of diversification. On March 19, the GPIF officially declared the development of new long-term investment strategies in response to significant changes in the economy, society, and rapid technological advancements. To address these challenges, the GPIF will embark on a five-year research plan aimed at exploring innovative approaches to diversify investments, with a focus on sustainability and risk management. As part of this plan, the GPIF will acquire diverse data, including information about “illiquid assets” that it does not currently possess. These assets encompass cryptocurrencies such as Bitcoin, precious metals like gold, and other types of assets. This is a developing story, and additional information will be provided as it becomes available.