First UK Pension Fund Invests in Bitcoin

First UK Pension Fund Invests in Bitcoin

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Source: Coindesk.com

British pension specialist Cartwright has guided the country's first pension fund to allocate money into bitcoin. The unnamed fund invested 3% of its total assets directly into the token, as opposed to using a proxy such as a spot ETF. Cartwright is also launching a Bitcoin Employee Benefits scheme, which would allow employers to pay

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The post "First UK Pension Fund Invests in Bitcoin" appeared first here Coindesk.com.

Source: Coindesk.com

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