News list for " old gold"
The Florida House of Representatives has introduced HB 183, which would allow state treasurers and state pension boards to invest up to 10% of public funds in bitcoin, tokenized securities, NFTs and crypto ETFs. The bill positions bitcoin as a potential store of value and a hedge against inflation for state funds, and allows residents to use digital assets to pay some taxes and fees, which will be converted into dollars and deposited into the state treasury. The bill, if passed, requires Senate ...
Since December 15, the individual pension system has been rolled out to the whole country from 36 pilot cities (regions).
On December 10th, after the second anniversary of the implementation of the personal pension system, personal pension products are expected to expand. It is understood that mainstream broad-based index products are expected to add personal pension Y shares, including CSI 300 index, CSI 500 index, CSI A500 index, growth enterprises market index and other products, which can provide investors with more allocation needs.
London-based pension and investment management firm Legal & General (L & G), which manages $1.50 trillion in assets, is planning a foray into blockchain-based tokenization that is increasingly popular with financial giants. Tokenization - the use of tokens on the blockchain to represent traditional assets such as Treasury-backed money market funds - is gaining popularity among traditional financial firms. The trend has accelerated with BlackRock, the world's largest asset manager, launching its ...
According to David Krause, a finance professor at Marquette University in the United States, the Wisconsin State Board of Investment (SWIB) purchased $164 million worth of BlackRock's iShares Bitcoin Trust and Grayscale's Bitcoin Trust shares in Quarter 1. This investment may be just the beginning, and SWIB is expected to further increase its investment, and other pension plans may follow suit. SWIB has about $156 billion of assets under management at the end of 2023, with Bitcoin ETFs accountin...
In a filing with the Securities Exchange Commission (SEC), the government entity responsible for managing the Wisconsin trust in the United States disclosed that it holds more than 2.40 million shares of BlackRock IBIT and more than 1 million shares of grey release GBTC, valued at approximately $100 million and $64 million, respectively. The filing indicates that the Wisconsin retirement system in the United States may make crypto investments through the two asset managers.
