South Korean Pension Fund Buys $20M in Coinbase Stock, Achieves 40% Profit Despite Crypto Criticism
- South Korean pension fund NPS bought nearly $20M of Coinbase shares in Q3
- NPS snapped up 282,673 Coinbase shares at an average price of $70.5
- The investment helped NPS achieve 40% profit in the quarter
- NPS has added a crypto exchange to its US stock portfolio for the first time
- South Korea's National Assembly has criticized NPS for taking crypto exposure