UK-based pension scheme makes 3% Bitcoin allocation
Cartwright reported that an “unnamed scheme” based in the UK had made a 3% allocation of Bitcoin into its pension fund. Go to Source
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World’s 3rd largest public pension fund buys $34M MicroStrategy shares
South Korea’s public pension fund has just upped its crypto exposure further, buying tens of thousands of shares in MicroStrategy. Go to Source
Bitcoin’s transformation from risk asset to digital gold hints at new all-time highs
Bitcoin price is being driven higher by a new set of bullish catalysts. Go to Source
Coinbase Ventures Into Australia’s $600 Billion Pension Market With Tailored Crypto Services
Coinbase, the largest US crypto exchange, is planning to tap into Australia’s $600 billion self-managed pension sector, according to a Bloomberg report. The company is developing a service tailored for this sector, aiming to cater to the growing interest in crypto investments among self-managed funds. This move comes amidst a significant increase in crypto holdings … Read more
Michael Saylor Foresees U.S. Pension Funds’ Bitcoin Adoption
Michael Saylor, co-founder of Microstrategy and a prominent Bitcoin advocate, recently suggested in a social media post that U.S. pension funds, which collectively manage approximately $27 trillion in assets, will need to incorporate bitcoin into their portfolios. He stated, “There are thousands of pension funds in the United States managing ~$27 trillion in assets. They … Read more
Pension funds could use AI to cut costs, increase returns, says report
Artificial intelligence is touted to provide a number of benefits to the management of pension funds, according to research from Mercer. Go to Source
Pension fund for Texas firefighters reportedly allocates $25M to Bitcoin and Ether
The fund is responsible for the benefits of more than 6,600 active and retired firefighters as well as surviving family members. Go to Source Powered by WPeMatico
Pension provider partners with Coinbase to offer 5% exposure to crypto
Pension funds are looking to crypto investments despite the recent market sell-off. Go to Source Powered by WPeMatico
Morgan Creek Launches Digital Asset Index Fund for Institutional Investors
Morgan Creek Digital, an asset management firm backed by multi-billion dollar investment advisor Morgan Creek Capital Management, has announced the launch of the Digital Asset Index Fund in partnership with Bitwise Asset Management. Also Read: The Daily: Chinese Crackdown Continues, ICO Head Faces 15 Years in Prison Opening Up Crypto for Pension Funds According to … Read more
