PLEASE TELL YOUR FRIENDS AND FAMILY ABOUT CRYPTO.
It’s Time to Consider Crypto, Says Pension and Endowment Adviser
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For those prepared to take the plunge, Cambridge recommends “a considerable amount of time learning about the space,” including surveying the different ways of investing, from illiquid venture capital funds to buying tokens on an exchange. The firm advises institutions that manage more than $300 billion.
Institutional investments, though rare, bring cheer to crypto enthusiasts who say a wave of institutional investment could bring greater credibility to the market.
Two pension plans in Fairfax County, Virginia, this month invested in a venture-capital fund for the blockchain and digital assets industry. Last year Yale University invested in a fund focused on early-stage projects focused on cryptocurrencies, new blockchains and exchanges.
“The dramatic declines that swept across the crypto space raised questions about the future of these assets and the blockchain technology that underpins them,’’ the analysts said. “Yet, in looking across the investment landscape, we see an industry that is developing, not faltering.’’