South Korea’s National Pension Service Invests in Coinbase and MicroStrategy, Avoids Direct Bitcoin Investment

In a recent update on September 30, COINOTAG news cited Money Today, revealing that South Korea’s National Pension Service (NPS) has opted to allocate resources towards companies like Coinbase and MicroStrategy instead of making direct investments in cryptocurrencies such as Bitcoin. This strategic decision integrates these firms into their investment portfolio, guided by the benchmark index or external fund managers. According to NPS, any move to limit investments in crypto-related equities is under the jurisdiction of the fund management committee and will be enforced following adjustments to the benchmark index.