pension funds – DIGIT INFO

Australia’s AMP fund invests $27M in Bitcoin: Report

DIGIT — Thu, 12 Dec 2024 19:16:13 +0000

Australia has a superannuation system requiring employers to allocate a portion of an employee’s earnings to a retirement account.

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State pension plans can adopt crypto more easily than private plans

DIGIT — Fri, 22 Nov 2024 18:05:27 +0000

Pension funds often feature smaller alternative asset allocations and deep liquidity to mitigate risk, Allie Itami told Cointelegraph.

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Bitcoin to Reach $420K by Decade’s End, Says Ric Edelman

DIGIT — Mon, 20 May 2024 23:11:49 +0000

Ric Edelman, founder of Edelman Financial Engines, forecasts bitcoin will reach $420,000 by the decade’s end. He explained that if 1% of the world’s $738 trillion in financial assets were allocated to bitcoin, it would result in $7.4 trillion in inflows, raising bitcoin’s price to $420,000. Ric Edelman’s $420K Bitcoin Prediction Ric Edelman, a financial […]

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Skybridge’s Scaramucci: Institutional Adoption of Bitcoin Is Happening Now

DIGIT — Sun, 19 May 2024 23:30:58 +0000

Anthony Scaramucci, founder of Skybridge Capital, believes that the institutional adoption of bitcoin is happening now. Highlighting recent developments like the State of Wisconsin Investment Board investing in Blackrock’s spot bitcoin exchange-traded fund (ETF), he predicts that other pension funds will make similar announcements. “Bitcoin now has the regulatory approval and I think that was […]

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SEC to target crypto firms operating as ‘qualified custodians’ — Report

DIGIT — Tue, 14 Feb 2023 06:40:20 +0000

If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC.

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

DIGIT — Fri, 08 Oct 2021 15:07:00 +0000

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

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Wall Street Giants Want to Be Your Landlord – Data Shows Megabanks Are Buying up All the US Real Estate

DIGIT — Fri, 11 Jun 2021 18:30:49 +0000

Homebuyers in the United States have found difficulties acquiring single-family homes after the year-long business shutdowns and lockdowns that followed Covid-19. It seems there’s a new wave of homebuyers in the U.S. real estate market, with buyers stemming from hedge funds, pension funds, clearinghouses, and financial services companies. The weight of real estate property under […]

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

DIGIT — Wed, 09 Jun 2021 00:30:22 +0000

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. Coinbase Sees Interest From Institutional Investors Skyrocketing Cryptocurrency exchange Coinbase (Nasdaq: COIN) reportedly […]

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Some African Crypto Users See Bitcoin as an Alternative Source of Retirement Income

DIGIT — Sat, 01 May 2021 08:30:19 +0000

Bitcoin use cases in African countries continue to expand with the latest one being its use as an alternative source of retirement income. On a continent plagued by high inflation and unstable currencies, bitcoin, which is decentralized and censorship-resistant, is seen “as a safer source to contribute to for retirement.” According to a local report, […]

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South African Regulator Zeroes in on Scams and Unregulated Firms in Its Second Crypto ‘Health Warning’

DIGIT — Mon, 29 Mar 2021 11:00:50 +0000

South African regulator the Financial Sector Conduct Authority recently issued its second crypto “health warning” after it noticed increased reports of crypto-related losses suffered “in the past three months.” In the warning, the regulator reminds investors that since cryptocurrencies are “not regulated by the authority or any other body,” there will be no legal recourse […]

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