September 20, 2024

Rise To Thrive

Investing guide, latest news & videos!

South Korea’s pension fund bags 280K Coinbase shares: SEC data

1 min read
South Korea’s pension fund bags 280K Coinbase shares: SEC data

The National Pension Service (NPS), a public pension in South Korea and one of the world’s largest pension funds, bought just over 280,000 shares of the global cryptocurrency exchange Coinbase in the third quarter of this year, an investment that has gained 39% in value since the purchase.

The NPS acquired 282,673 Coinbase (COIN) shares in the third quarter of 2023, according to a stock holdings report