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Bitcoinist
2019-02-12 14:00:44

First US Public Pensions Invest in $40M Cryptocurrency Fund

A brace of public pension funds is backing a $40 million venture-capital fund established by Morgan Creek Digital which focuses on cryptocurrency investments. This development marks the first ever involvement of U.S. pension funds in the virtual currency investment space. Pension Funds Anchor $40M Cryptocurrency Investment Morgan Creek Digital announced on Tuesday (February 12, 2019) the launch of a $40 million cryptocurrency venture fund anchored by two public pension funds. According to the announcement, theRead MoreThe post First US Public Pensions Invest in $40M Cryptocurrency Fund appeared first on Bitcoinist.com.