Are Pensions and Endowments Eyeing Cryptos?

2년 전

Last week I wrote how Morgan Creek Digital made a splash when it raised over $40 million for a new crypto venture capital fund.

The significance… the fund is anchored by two public pensions and several other institutions invested including a university endowment, a hospital system, an insurance company, and a private foundation.

It’s a great sign institutions are getting into crypto.

And the trend is gaining steam… more on that below.

Cambridge Associates, a financial advisor for pensions and endowments, recently said in a report:

“Despite the challenges, we believe that it is worthwhile for investors to begin exploring this area today with an eye toward the long term.”

Cambridge manages over $300 billion for institutions.

And the assets under management for pensions and endowments is over $30 trillion each.

So even a little bit of pensions and endowments going into cryptos would be a huge flow of money.


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I can see the market cap of crypto going to areas no one would even dream about once this starts getting momentum.

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Me too, it's about to get rolling. Wait till Bakkt and ErisX, and Fidelity custody come on line.

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Hey @g-dubs do we know when they are coming online? I know Bakkt had been put on hold twice now from their launch dates as they are waiting for the SEC.

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No one knows for sure but just a matter of time.

This post has received a 6.4 % upvote from @boomerang.