A pension fund in the United States has added both Bitcoin and Ether to its portfolio. This marks the first-ever cryptocurrency investment by a US public pension plan, further highlighting institutional demand for crypto exposure. Firefighter Pension Partners With NAYDIG According to a press release from Newswire, the Houston Firefighters' Relief and Retirement Fund (HFRRF) announced their investment this morning. NAYDIG – a Fintech service provider for banks, corporations, and institutions – facilitated the purchase on the fund’s behalf. It…
Tag: Technological Development
EU Places Blockchain Investments as Part of Multi-billion Euro Technological Development
The European Union recently announced its intention to invest in blockchain technology. By employing of a multi-billion Euro plan, the EU looks to dive into blockchain investments. This venture should enhance blockchain technology use in Europe. The project adds a regional bloc push towards industrialized manufacturing semiconductors. The need arose after a technological shortage forced carmakers to slow down production. European Union Pandemic Recovery Fund On Wednesday, the EU Commission President Ursula Von Der Leyen commented on the move. She termed it…
1 month ago
