According to the Financial Times, Australia’s fifth largest pension fund, Queensland Investment Corporation (QIC), is open to investing in cryptocurrencies in the future. QIC manages assets worth nearly US$70 billion. Stuart Simmons, QIC's currency director, said that as the field matures in terms of regulation and infrastructure, large pension funds will likely seek investment in cryptocurrencies.
According to the Financial Times, Australia’s fifth largest pension fund, Queensland Investment Corporation (QIC), is open to investing in cryptocurrencies in the future. QIC manages assets worth nearly US$70 billion. Stuart Simmons, QIC's currency director, said that as the field matures in terms of regulation and infrastructure, large pension funds will likely seek investment in cryptocurrencies.
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