A British pension fund has officially allocated 3% of its assets to Bitcoin

PANews reported on November 5 that according to CoinDesk, the UK's first pension fund has officially allocated 3% of its assets to Bitcoin, becoming the country's first pension fund to directly invest in cryptocurrencies. The investment was guided by pension expert Cartwright, with a total fund asset of 50 million pounds (about 65 million US dollars), rather than holding it through alternative channels such as spot ETFs, and using five independent institutions to distribute private keys to ensure asset security.

Cartwright has also launched a Bitcoin employee benefit plan that allows companies to pay Bitcoin directly to employees' digital wallets. Five companies have expressed interest in the product. Glenn Cameron, Cartwright's head of digital assets, pointed out that the investment was made after a detailed ESG and security assessment, reflecting the trustee's forward-looking recognition of crypto assets.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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