Reasons why pensions are investing in Cryptocurrency.

What is happening? In the last 3 years pension funds in CA, NJ, Houston Firefighters, and Fairfax County VA all invested in cryptocurrencies in different forms.

Why is this important? 33% of institutional investors are in crypto. Barriers are coming down for investment including crypto as being considered illiquid.

How will this be important? At least 17 states have started considering regulation of cryptocurrency. The SEC is signaling regulation and the Infrastructure bill contains cryptocurrency reporting requirements.

Route Fifty | Why More Public Pension Funds Are Investing in Cryptocurrencies