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News by FinTech Collective Archive

South Korea’s national pension fund buys $19.9m worth of Coinbase shares

Parker Jay-Pachirat

November 20, 2023

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Parker Jay-Pachirat

This is the first time that NPS — whose assets under management reached $755b at the end of June — has made any crypto-related security part of its investment portfolio.

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The local media outlet reported that the national pension fund has a policy in place not to directly invest in crypto assets.

https://www.theblock.co/post/263259/south-koreas-national-pension-fund-buys-19-9-million-worth-coinbase-shares

American flag with Japan flag and South Korea flag on cloudy sky. waving in the sky

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