South Korea’s National Pension Service, one of the world’s largest pension funds, invested $20 million in Coinbase in Q3 2023.
Category: pensions
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$190B Ontario pension says no to crypto after FTX investment loss
The pension fund had invested twice in the now-bankrupt crypto exchange once during the peak bull run in 2021 and another in early 2022.
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Swedish pension fund Alecta dumps First Republic Bank shares after price plummets
The Swedish fund was the bank’s fifth largest shareholder; the fund’s CEO said the uncertainty surrounding First Republic was too great.
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Bitcoin retirement plans elicit caution from regulators
Some investment experts believe adding digital assets to retirement funds could make sense when the market becomes more stable, but not right now.
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JPMorgan’s CEO feels threatened by disruption in payment systems: Kevin O’Leary
At Converge22, the Shark Tank host said stablecoins are set to lead to a reduction in friction and fees worldwide.
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47% of Institutional Investors Welcome Crypto Investments, Survey Shows
A new study reveals surging investments in cryptocurrencies by institutional investors, with almost half of them viewing crypto assets as having a place in their portfolios. “Institutional investors are overwhelmingly favorable about the appealing characteristics of digital assets,” Fidelity Investments described. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Institutional Investors See […]
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3 Ways Cryptocurrency Can Make the World a More Tolerant Place
Talk to any number of people about cryptocurrency and you’ll receive any number of responses. Those range from a knee-jerk reaction about criminals and evil deeds to die-hard evangelists championing the death of centralized organizations. Indeed, cryptocurrency may be one of the most loved and hated phenomena the world has ever seen. But in between […]
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