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The UK's first pension fund has directly invested 3% of its assets in Bitcoin

2024-11-05 08:15:22

ChainCatcher news, according to Coindesk, the UK's first pension fund has directly invested 3% of its assets in Bitcoin with the assistance of consulting firm Cartwright, rather than through indirect methods such as ETFs.

This decision was reached after in-depth discussions with the fund's trustees, focusing on ESG factors and security, with the private keys managed jointly by five independent institutions. Cartwright also plans to launch a Bitcoin employee benefits program, allowing companies to pay Bitcoin directly to employees' wallets, with several companies already expressing interest.

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