First Pension US Pension Fund to Invest $40M in Crypto
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Two pension plans in Fairfax County, #Virginia are #investing $40M 💰 in a crypto #asset #ventureCapital 🏞fund. ⠀⠀⠀⠀
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This is the #first 🥇 pension plan to do so.
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There is $25.4T 💰 in #pension plan management within the #US 🇺🇸.
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If just 10% of those funds eventually made its way 🔀 into crypto, that would equate to a $2.5T #boost ⬆️ to a market that currently only has a total value (market cap) of $120B 💵.
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And this is just from pension funds alone, which really makes you wonder about how much much higher #crypto can actually go 💭.
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#learn #money #business #motivation #education #finance #smart #weekend #cryptocurrency
#motivate #wealth #entrepreneur #educate #bitcoin #blockchain #invest #innovate #new
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