South Korea’s pension fund bags 280K Coinbase shares: SEC data
South Korea’s National Pension Service, one of the world’s largest pension funds, invested $20 million in Coinbase in Q3 2023.
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$190B Ontario pension says no to crypto after FTX investment loss
The pension fund had invested twice in the now-bankrupt crypto exchange once during the peak bull run in 2021 and another in early 2022.
Swedish pension fund Alecta dumps First Republic Bank shares after price plummets
The Swedish fund was the bank’s fifth largest shareholder; the fund’s CEO said the uncertainty surrounding First Republic was too great.
Bitcoin retirement plans elicit caution from regulators
Some investment experts believe adding digital assets to retirement funds could make sense when the market becomes more stable, but not right now.
JPMorgan’s CEO feels threatened by disruption in payment systems: Kevin O’Leary
At Converge22, the Shark Tank host said stablecoins are set to lead to a reduction in friction and fees worldwide.