Caisse de dépôt et placement du Québec writes off investment in Celsius Emond express his disinterest investing in crypto Caisse de dépôt et placement du Québec writes off Investment in Celsius. Canad...
Tag: Pension
Canadian Pension Fund Writes Off $150M Celsius Loss, Believes They Entered Crypto “Too Soon”
A major Canadian pension fund manager has written off a $150M investment in crypto lending platform Celsius Network as a total loss, expecting an impending shutter of the once high-flying CeFi platfor...
Canadian Pension Fund CDPQ Writes off Investment in Celsius
Canadian pension fund giant Caisse de dépôt et placement du Québec (CDPQ) has written off its investment in struggling cryptocurrency lending firm Celsius, acknowledging that the company entered the b...
Canadian Pension Fund Achnoledges Investemnt Loss for $200m CAD on Celsius Network
Charles Emond, the Chief Executive Officer of Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ), has indicated that the company’s investment in Celsius Network is now considere...
Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender Celsius
The Canadian fund invested US$150 million in Celsius in the fall of 2021. “Blockchain technology has the potential to disrupt several sectors of the traditional economy. As digital assets grow in adop...
Public Pension Funds Continue To Show Interest in Cryptocurrency Investments Despite Downturn: Report
Public pension funds in the United States are still showing interest in digital assets despite the crypto market downturn, according to a Wall Street Journal report. The report says that investment fi...
Despite the bear market, pension funds are bullish on crypto
From 2020 to the present, complicit with the pandemic that brought the world economy to a standstill, geopolitical tensions in Ukraine, and the advent of a bear market that has historically correlated...
Pension funds remain interested in crypto despite crash: WSJ
Despite losses from the bear market, pension funds across North America remain bullish on crypto, according to Wall Street Journal. That interest is reflected in asset management firm VanEck, WSJ re...
Public Pension Funds Eroded by Headwinds from Crypto Winter
Pension funds that have bet on the cryptocurrency market over recent years face difficulties navigating the ongoing crash associated with digital assets. Caisse de dépot et placement du Québec, Canada...
Public Pension Systems Join Those Stung by Crypto Crash
Listen to article (2 minutes) Among the investors who bet on cryptocurrency over the past year are pension funds that manage public workers’ retirement savings. Now those funds are navigating the cras...
Canadian Watchdog Eyes Celsius, Spurred By Pension Fund Deal: Report
Quebec’s largest pension fund manager invested $150 million in a Celsius equity deal last year Celsius was not registered with securities regulators in Canadian provinces Canadian regulators have been...
Virginia Pension Fund Interested in Crypto Yield Farming, Already Invested $70 Million – crypto.news
Despite the recent market downturn, Fairfax County Retirement Systems, a pension fund based in Virginia, has shown interest in the cryptocurrency lending market, as it seeks ways to bolster returns. ...
The pension fund of Virginia invests $70 M in crypto lending –
The pension fund of Virginia, worth $6.8 billion, got approved The amount will be got into investments of $70 million Due to the explosion of the crypto lending crux, everyone is in shock now. That ha...
Virginia Pension Fund Invests In Crypto Lending Market To Improve Returns
Virginia pension fund is looking to maximize its returns by investing in the crypto lending markets. This is coming despite the low confidence level in the market after investors lost huge funds from ...
Virgina Pension Fund Invests $70M in Crypto Lending
The blow-up of the crypto lending crisis this year sent shockwaves across the sector. That hasn’t deterred Fairfax County Retirement Systems’ attempt to plow deeper into the space. Fairfax County’s pe...
Virginia pension funds invest in crypto yield farming despite recent turmoil
Virginia’s Fairfax County Retirement Systems is set to invest its $6.8 billion pension fund in cryptocurrency yield farming to boost returns, the Financial Times reported on Aug 4. The retirement syst...
Virginia Pension Fund Enters Crypto Lending Space to Enhance Returns
Fairfax County Retirements Systems, a $6.8 billion Virginia pension fund, seeks to expand its scope by entering the crypto lending market to boost its returns, according to Financial Times. This ques...
Virginia Pension Invests Funds in Crypto Lend to Uplift the Returns
2 hours ago | 2 mins read Defi News In early May Virginia got approval to invest pension funds in yield farming. Molnar stated that they use high yield replacements to expect higher returns. Most busi...
Fairfax County Pension Fund Invests $70M in Crypto Yield Farming Funds: Report
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Seniors, Here’s How to Avoid Taxes on Lump Sum Pension Payouts
SmartAsset: How to Avoid Taxes on Lump Sum Pension Payout When your pension matures, there are multiple distribution options that you can choose from. Unfortunately, many of these distribution methods...
Canadian Pension Fund loses $150 million in Celsius investment bet
While the troubled cryptocurrency lending firm Celsius continues to incur significant losses for its investors after freezing client withdrawals and filing for bankruptcy during the crypto market rout...
private pension scheme entices Fidelity, Manulife, Invesco, Hong Kong asset managers
David Li, a mid-level executive at a wealth-management firm in Guangdong, knows he cannot rely on his basic government pension, or even on his extra personal investment in retirement insurance, to mai...
Pension Funds Are Actively Exploring Crypto – Michael Sonnenshein
Grayscale CEO says that annuity and enrichments are effectively talking about plans to incorporate crypto in their portfolios The main consideration of crypto in a public benefits reserve was in 2021 ...
Bitcoin Investment in Pension Portfolio Diversifies Inflation Risk: First Digital Trust CEO
Blockchain.News recently had a conversation with Mr. Vincent Chok, the CEO of Hong Kong-based First Digital Trust, a technology-driven financial institution powering the digital asset industry, to hel...
Pension funds are exploring to step in crypto
Grayscale CEO Michael Sonnenshein same that a lot of pension fund corporations are wanting to feature crypto to clients’ portfolios. Talking with CNBC, Grayscale CEO Michael Sonnenshein said there’s s...
Grayscale CEO says pension funds are looking to add Bitcoin
? Want to work with us? CryptoSlate is hiring for a handful of positions! Grayscale CEO Michael Sonnenshein said pension funds are considering Bitcoin as an asset class for diversifying their portfoli...
Grayscale CEO Says Pension Funds Are Actively Exploring Crypto
Grayscale CEO Michael Sonnenshein said that more pension fund companies are looking to add crypto to clients’ portfolios. Talking with CNBC, Grayscale CEO Michael Sonnenshein said there is still inter...
Public pension hole now $11,000 per U.S. worker
Top state and local pension funds lost $250 billion on the markets during the month of June and are down more than $600 billion for the year, according to a new study. The 100 biggest public sector pe...