South Korean Pension Fund Profits from $20M Coinbase Investment
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South Korea's National Pension Service invested $20M in Coinbase shares in Q3 2023.
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The shares have turned a 40% profit according to reports.
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NPS has over $750 billion in assets under management.
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NPS policy is to not directly invest in crypto, stocks are a proxy.
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Other large pension funds like CalPERS have also invested in Coinbase.