{"id":8227,"date":"2023-11-16T10:15:17","date_gmt":"2023-11-16T10:15:17","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=8227"},"modified":"2026-01-12T08:25:52","modified_gmt":"2026-01-12T08:25:52","slug":"south-korean-pension-fund-invests-in-coinbase","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/south-korean-pension-fund-invests-in-coinbase\/","title":{"rendered":"South Korean Pension Fund Invests in Coinbase"},"content":{"rendered":"\n<p>South Korea&#8217;s National Pension Fund, the third-largest in the world by asset size, has made an investment in the U.S.-based cryptocurrency exchange, Coinbase.<\/p>\n\n\n\n<p>According to official U.S. sources, the pension fund acquired a total of 282,673 shares in Coinbase during the third quarter of the year.<\/p>\n\n\n\n<p>These shares, purchased by the National Pension Service, which manages over $750 billion in assets, were valued at $19.9 million.<\/p>\n\n\n\n<p>South Korean sources highlight that the pension fund exhibits a greater interest in indirect products, such as stock market shares, rather than making direct investments in cryptocurrencies.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-coin-tirmanista\">COIN on the climb<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"740\" height=\"475\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/South-Korean-pension-fund-invests-in-Coinbase-shares-soar.webp\" alt=\"South Korean pension fund invests in Coinbase\" class=\"wp-image-8228\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/South-Korean-pension-fund-invests-in-Coinbase-shares-soar.webp 740w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/South-Korean-pension-fund-invests-in-Coinbase-shares-soar-300x193.webp 300w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/figure>\n\n\n\n<p>Following the positive U.S. inflation data and the news of the investment by the third-largest pension fund, shares of Coinbase traded on the Nasdaq stock exchange experienced an increase.<\/p>\n\n\n\n<p>Stocks with the ticker COIN, which closed the last session at $98.15, surged by 6.58 percent in a single day.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">You may also like this content<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><\/ul>","protected":false},"excerpt":{"rendered":"<p>South Korea&#8217;s National Pension Fund, the third-largest in the world by asset size, has made an investment in the U.S.-based cryptocurrency exchange, Coinbase. According to official U.S. sources, the pension fund acquired a total of 282,673 shares in Coinbase during the third quarter of the year. These shares, purchased by the National Pension Service, which &hellip;<\/p>\n","protected":false},"author":1,"featured_media":3921,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[309],"tags":[317],"class_list":["post-8227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-web3new","tag-crypto-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/8227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=8227"}],"version-history":[{"count":0,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/8227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/3921"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=8227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=8227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=8227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}