The Nationwide Pension Service (NPS), a public pension in South Korea and one of many world’s largest pension funds, purchased simply over 280,000 shares of the worldwide cryptocurrency trade Coinbase (NASDAQ:) within the third quarter of 2023, an funding that has gained 39% in worth because the buy.

The NPS acquired 282,673 Coinbase shares in Q3 of 2023, in accordance to a inventory holdings report filed with the US Securities and Change Fee (SEC) on Nov. 15.

Coinbase year-to-date value chart. Supply: TradingView