Norway's $2T Sovereign Fund Votes Unanimously for Metaplanet Management
Norges Bank Investment Management, the world’s largest sovereign wealth fund with roughly $2 trillion in assets, said it voted unanimously in favor of all five management proposals at Metaplanet on Wednesday. The endorsement coincided with a 1.51% uptick in Metaplanet shares as Bitcoin posted a modest rebound, underlining how digital-asset price moves still influence market sentiment for crypto-native firms. The unanimous vote is largely symbolic but meaningful: it signals growing institutional engagement with companies that hold crypto on their balance sheets and could ease governance concerns for some investors. While the immediate market impact appears limited, the Norges vote adds to a string of high-profile institutional interactions that may encourage more conservative asset managers to reassess corporate crypto exposure.