Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Tokenization and Stablecoins Continue to Be TradFi's Top Interest in Crypto: Expertin assets under management, requested data on potential investment diversification tools such as bitcoin and precious metals like gold, which the company considers illiquid and does not currently hold, it said Tuesday.
For the time being, GPIF invests in domestic bonds, domestic stocks, foreign bonds, foreign stocks, private equity, real estate and infrastructure. While the pension fund is seeking information about bitcoin, there's no guarantee it will choose to invest in the world's largest cryptocurrency once the evaluation is completed.
The fund is seeking basic information, including academic studies, analytical tools and indexes"including investment examples, investment philosophy, how to incorporate into the portfolio of pension funds," it said.as an ideal investment for pension funds, citing a low correlation with traditional assets. The cryptocurrency, however, has tended toa bill allowing venture capital firms and investment funds to hold crypto assets. The bill has yet to be passed by parliament.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Texas Panhandle Wildfire Claims 2nd Life, Largest Fire in State’s History, 2nd Largest in U.S.Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Bally’s stock price surges on buyout offer from largest shareholder, hedge fund Standard GeneralStandard General, which owns 23% of Bally’s, submitted an offer Monday to buy out remaining shareholders in a deal valuing the company at about $648 million.
Read more »
Alaska Permanent Fund Corp. board again warns that the fund is running out of spendable moneyA new analysis paper offers a menu of possible solutions, with a two-part constitutional amendment as the most durable repair.
Read more »
Alaska Permanent Fund Corp. board again warns that the fund is running out of spendable moneyA new analysis paper offers a menu of possible solutions, with a two-part constitutional amendment as the most durable repair.
Read more »
Zijin to expand Tibet copper mine expected to be world’s largestNo 1 source of global mining news and opinion
Read more »
GEODNET Raises $3.5M To Build the World’s Largest Real-Time Kinematics NetworkCrypto Blog
Read more »