Global pension funds are once again interested in cryptocurrencies - FT.
Pension funds from various countries have gradually started investing their money in Bitcoin. Even the most conservative financial sectors cannot ignore these assets.
It is especially worth noting that the newly elected US President Donald Trump proposed to create his own cryptocurrency, which quickly appreciated in value.
Among the largest holders of US stock markets, who actively invest in cryptocurrencies, are the pension programs of the states of Wisconsin and Michigan. Some of the pension funds from the UK and Australia recently also made small investments in Bitcoin, using funds or derivatives.
Cryptocurrency experts predict a doubling of Bitcoin's price by the end of the current year, as Donald Trump, the American president, promised to support cryptocurrencies.
Matt Scott, a consultant at Mercer, which provides consulting to pension funds in the UK, notes: 'After the elections, we had a lot of inquiries - fund managers did not want to miss out on a hot asset in the market that they knew nothing about.'
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