July 20, 2024

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

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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