Pension Giant Ontario Teachers to write Off All $95 Million Invested in the bankrupt Crypto Exchange FTX

The Ontario Teachers’ Pension Plan (OTTP), one of Canada’s largest pension funds, announced on Thursday plans to write off its entire $95 million investment in the bankrupt FTX cryptocurrency exchange.

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Pension Funds Must Adopt Bitcoin Or Risk Insolvency

The recent U.K. pension fund crisis reveals the only option for such entities: adopting bitcoin as soon as possible.

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Ontario teachers’ fund loses $95 million due to FTX bankruptcy

Ontario Teachers’ shared their woes amid the FTX’s recent troubles after they invested a significant amount of funds in FTX International and its US entity (FTX.US). The pension company claims its investment is almost zero following FTX’s insolvency. Reasons for…

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Pension Fund-Backed Parataxis Digital Yield Fund Targets $500M in Assets in 2023

The digital yield fund received investments from two Fairfax County, Va. pension funds earlier this year.

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Does the Ethereum Merge offer a new destination for institutional investors?

Pension funds, insurance companies and other institutional investors matter because they invest for the long term, helping solve crypto’s volatility problem.

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Virginia pension funds invest in crypto yield farming despite recent turmoil

Virginia’s Fairfax County Retirement Systems is set to invest its $6.8 billion pension fund in cryptocurrency yield farming to boost returns, the Financial Times reported on Aug 4. The post Virginia pension funds invest in crypto yield farming despite recent turmoil appeared first on CryptoSlate.

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Fairfax County Pension Fund Invests $70M in Crypto Yield Farming Funds: Report

Virginia-based pension fund, The Fairfax County Retirement Systems, has invested $70 million evenly across two yield farming funds.

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Grayscale CEO says pension funds are looking to add Bitcoin

Grayscale CEO Michael Sonnenshein said pension funds are considering Bitcoin as an asset class for diversifying their portfolio. The post Grayscale CEO says pension funds are looking to add Bitcoin appeared first on CryptoSlate.

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Grayscale CEO Says Pension Funds Are Actively Exploring Crypto

Grayscale CEO Michael Sonnenshein said that more pension fund companies are looking to add crypto to clients' portfolios. The post Grayscale CEO Says Pension Funds Are Actively Exploring Crypto appeared first on BeInCrypto.

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Virginia county wants to put pension funds into DeFi yield farming

The next few days will see a decision made, which if approved would be the first time pension fund money was used in decentralized finance.

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Fairfax County, Virginia Mulls Investing Pensions in Yield Farming Crypto Funds

Fairfax County, Virginia, is considering investments in two cryptocurrency funds that use yield farming for its pension funds. The post Fairfax County, Virginia Mulls Investing Pensions in Yield Farming Crypto Funds appeared first on BeInCrypto.

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Fidelity Investments to offer Bitcoin for pension funds

United States-based Fidelity Investments — the largest provider of pension plans in the country — plans to offer its clients the option to put their retirement funds in Bitcoin (BTC), according to a report from The New York Times.

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Fidelity Pushes Bitcoin Further Into Mainstream by Offering It for Pension Plans

Mutual fund giant Fidelity Investments will allow allocating retirement funds to Bitcoin

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'Bitcoin will untether itself from other assets,' says exec with note for pension funds

The crypto-market mayhem has even got the first Bitcoin ETF in the red after a stellar debut. According to a Bloomberg report, BITO is now among the 10 worst performers amid the broader market weaknesThe post 'Bitcoin will untether itself from other assets,' says exec with note for pension funds appeared first on AMBCrypto.

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8% of Institutional Investors Collectively Managing $12.3 Trillion Planning to Increase Their Crypto Allocations Next Year: Survey

These investors, including sovereign wealth funds and corporate pension plans, also see crypto assets as the “top contender” for a “major correction” in 2022. The post 8% of Institutional Investors Collectively Managing .

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Here's how crypto-market's 24/7 trading is setting an example

The past couple of years have witnessed the continued growth of institutional investments flowing into the cryptocurrency market. It includes not only hedge funds and family offices but even pension fThe post Here's how crypto-market's 24/7 trading is setting an example appeared first on AMBCrypto.

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South Africa may disallow crypto investments for pension funds

South Africa features in the top 20 countries in the world, in terms of crypto adoption. Also, in a first, crypto trading in the country recently exceeded $141 million levels. Having said that, a The post South Africa may disallow crypto investments for pension funds appeared first on AMBCrypto.

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New South African Legislation Looks to Ban Non-CBDC Crypto From Pension Funds

South African Finance Minister Enoch Godongwana has introduced a draft of legislation that describes restrictions on how pension fund member funds are invested, according to Regulation 28. The post New South African Legislation Looks to Ban Non-CBDC Crypto From Pension Funds appeared first on BeInCrypto.

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Crypto and pension funds: Like oil and water, or maybe not?

Pension funds, the most cautious of institutional investors, are now giving the booming crypto and blockchain sector a closer look.

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In this country, young people choose crypto investments over pension funds

A recent Chainalysis report showed that the world’s crypto economy was spread all across Western Europe. Data revealed that $1 trillion came to this region in crypto during the last year. That amounThe post In this country, young people choose crypto investments over pension funds appeared first on AMBCrypto.

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Two Public Pension Funds Are Investing $50M in A Fund that Provides Exposure to Crypto and Their Derivatives

Crypto is “an area that’s going to grow in adoption and interest. We think that it’s inefficient enough, so we think there are some alpha opportunities to take advantage of,” said the CIO of one of the pension funds.

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Big Venture Capitalists and Pension Funds Are Pouring Billions Of Dollars In Crypto Firms

In the first quarter of 2021, a glut of upper-class institutions, including Tesla and MicroStrategy, spent large sums of money to acquire Bitcoin. It appears the hype has cooled off since. However, the interest in crypto and blockchain-based firms have received a boom instead.

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Large VC Firms and Pension Funds Are Coming in Crypto and Inflating the Valuations: PwC

Cryptocurrency companies are enjoying a rapid rise in valuations thanks to the entry of large investors, according to professional services firm PwC. Big venture capital firms, private equity players, and even pension funds are replacing family offices and boutique firms in these fundraising campaigns of crypto companies, PwC Crypto Leader Henri Arslanian told Bloomberg in […] The post Large VC Firms and Pension Funds Are Coming in Crypto and Inflating the Valuations: PwC first appeared on BitcoinExchangeGuide.

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Plan your retirement with ROSA, the hottest DeFi app for Crypto Pension Funds

ROSA reinvents the concept of cryptocurrency pension funds through a unique DeFi approach that will allow users to govern their retirement funds better and more profitably. Therefore, the absurdity of not accessing your funds or obtaining transparent information regarding your retirement funds disappears.

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PayPal, Visa Lead Massive $300 Million Investment In Blockchain Capital

PayPal and Visa led a $300 million fundraising round in Blockchain Capital on June 22nd. The venture capital firm announced in a press release that funding of Blockchain Capital V, LP had closed. The fundraising had participation from strategic investors and pension funds.

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Pension provider partners with Coinbase to offer 5% exposure to crypto

Pension funds are looking to crypto investments despite the recent market sell-off.

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Coinbase Says Interest From Pension Funds and Hedge Funds Has Skyrocketed, Institutional Holdings Soar 170%

The Nasdaq-listed cryptocurrency exchange Coinbase has revealed record growth in its institutional business. “This year, interest from pension funds and hedge funds has skyrocketed, supported by the roll-out of crypto-ETPs as well as an increased understanding of the crypto economy,” said Coinbase.

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Candidate of NYC Comptroller Proposes Investing 1%-3% of Pension Funds in Crypto

In a proposal shared on Monday, Patel highlighted new policies and investment strategies to get New York back on track following a COVID-ridden year. In her proposal, Patel unveiled blockchain-specific aspects to her recovery plan, including adopting blockchain in the procurement system, researching new investments to blockchain funds, and investing a portion of the pension […] The post Candidate of NYC Comptroller Proposes Investing 1%-3% of Pension Funds in Crypto first appeared on BitcoinExchangeGuide.

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Pension funds and insurance firms alive to Bitcoin investment proposal

Bitcoin’s appeal among institutional investors is spreading toward insurance firms and life and annuity companies.

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Altshuler Shaham Investment Buys $100 Million Bitcoin

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Bitcoin Sellers Are Running Out of Ammo; Sees Green Start of the New Month

Meanwhile, Warren Buffett says Fixed-income investors worldwide, from pension funds, insurance companies to retirees, all are facing a “bleak future.” The post Bitcoin Sellers Are Running Out of Ammo; Sees Green Start of the New Month first appeared on BitcoinExchangeGuide.

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Pension funds are getting in on Bitcoin, according to Grayscale

In fact, CEO Michael Sonnenshein says they're fueling Grayscale’s massive growth.

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Grayscale Plans to Double Its Headcount

Grayscale is now seeing participation from pension funds and endowments

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Anthony Pompliano Continues Push for Pension Fund Crypto Allocation

Morgan Creek’s Anthony Pompliano presses pension funds to allocate 1-5% of their portfolios to Bitcoin.

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Donald Trump’s Chinese Stock Snub Could Reignite the Trade War

Trump just diverted billions in federal pension funds from investment in the Chinese stock market. He could provke another trade war. The post Donald Trump’s Chinese Stock Snub Could Reignite the Trade War appeared first on CCN.com

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Blockchain Can Help UK Savers Recover $48B in Unclaimed Pensions, Says R3

Blockchain solutions based on R3's tech will make it easier for users to verify their identities and claim lost pension funds, the firm says.

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Institutional Investments Rise With Bitcoin Volatility. Wait, What?

Institutional investors have long been considered a key ingredient in the recipe for bitcoin’s mass adoption. However, they are also considered the least likely to gamble on a product as unpredictable as cryptocurrency.

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Morgan Creek’s Mark Yusko Tells Pension Fund Managers to #GetOffZero and Into Crypto Now

Mark W. Yusko, one of the founders of Morgan Creek Digital, has recently affirmed that private pension fund managers could “dip their toes” in BTC in order to gain more money. Is that a good idea? The economist believes that it is.

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Bitcoin Projected as Solution to Ongoing Private Pension Crisis

Private pension fund managers should consider dipping their toes into bitcoin, believes Mark W. Yusko. The Morgan Creek Digital co-founder lately projected the cryptocurrency as a mean to balance the risks associated with private pension funds.

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Ripple (XRP) Performance Poor despite Increasing Bank Partnerships

Ripple prices stable but bullish Federal Bank has a partnership with Ripple Inc Increasing prices will lift participation levels above 20 million Fidelity Investment will forge on and develop supporting infrastructure as they aim at hedge funds, pension funds and professional investors despite falling—but recovering digital asset prices.

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Pension Funds Investing in Cryptocurrencies has Very Bullish Importance for the Bitcoin Market

Bitcoin (BTC) has surpassed $4,000 a few days ago and the market seems to be very positive for the future of the space. According to Peter Tchir, an experienced trader, this positive sentiment in the crypto market is also related to pension funds starting to invest in virtual currencies. According to him, the first story […]

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Analyst: Pension Funds Investing in Cryptocurrency is a “Big Deal”

Cryptocurrency–While the crypto markets experienced their largest growth of the year, with Bitcoin establishing a new price high for 2019 above $4000, the rally was short-lived. Following several days of slow price increase, with a.

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University of Michigan AnnouncesInvestments in Andreessen Horowitz-backed Cryptocurrency Fund

The University of Michigan plans to increase its stake in a16z, the Andreessen Horowitz-backed cryptocurrency fund. This news is yet another indication of growing interest in virtual currency investments from endowments, family offices, public pension funds, and other institutional investors.

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Old Meets Young: Pension Funds and Crypto Investment

Are pension funds poised to invest in crypto assets? Not yet, argues Noelle Acheson – but a shift has started.

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Want to Kickstart the Next Bitcoin Bullrun? Stop Hodling and Start Spending

As a crypto-community, we’re all guilty of trying to predict the next bitcoin bull-run. Just wait until the bitcoin ETF is approved! It’ll explode when Wall Street embraces crypto. Bitcoin will soar when pension funds start buying bitcoin.

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First Pension Funds Investing in Crypto — a Sign of Things to Come?

Following Morgan Creek Digital raising over $21 million from Fairfax County pension funds, could more governmental funds and traditional financial institutions start to invest in the cryptocurrency space in the future?

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Bitcoin Remains Stable as First Pension Funds Enter Crypto and JP Morgan Launches Stablecoin: BTCManager’s Week in Review February 18, 2019

The two biggest headlines of the week have been investment management firm Morgan Creek receiving pension fund money for its new digital asset fund and JP Morgan launching a blockchain-based stablecoin called JPM Coin.

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Two US pension funds invest $ 21 million in blockchain and cryptocurrency

Two pension funds from Fairfax County in Virginia invested in Morgan Creek fund focused on financing cryptocurrency and blockchain projects. The total investment amounted to $21 million.

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Fairfax County Pension Funds Invested $21 Million in Blockchain Technology

The executive director at Fairfax County Retirement Systems clarified the terms of recent investments by county pensions in a blockchain venture capital fund

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