$5.5 Billion Houston Pension Fund Starts Investing in Bitcoin ($BTC) and Ether ($ETH)

2 years ago 117
The Houston Firefighters’ Relief and Retirement Fund, which has around $5.5 billion of assets under management, has invested $25 million into both bitcoin (BTC) and Ethereum’s ether (ETH). The investment was made through NYDIG, a cryptocurrency-focused subsidiary of asset manager Stone Ridge. According to Bloomberg Ajit Singh, chief investment officer for the fund sees the […]
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