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coinpedia 2024-11-05 05:34:59

UK Pension Fund Makes Historic Move, Allocates 3% of Portfolio to Bitcoin

The post UK Pension Fund Makes Historic Move, Allocates 3% of Portfolio to Bitcoin appeared first on Coinpedia Fintech News In a first for the UK, a British pension fund has added Bitcoin to its balance sheet, allocating 3% of its portfolio to the cryptocurrency. Cartwright, the pension advisory firm behind this one-of-a-kind move, announced on Monday that it had advised the fund to make this strategic investment. According to Cartwright, Bitcoin’s potential as a …

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