TechFlow News, March 24: According to Bloomberg, Hostplus—one of Australia’s largest pension funds—is considering adding cryptocurrency to its investment options. Hostplus manages over AUD 150 billion (approximately USD 105 billion) in assets. Its Chief Investment Officer, Sam Sicilia, stated that the fund is exploring offering Bitcoin and other digital assets through its Choiceplus investment option for members. Choiceplus allows members to self-manage their retirement savings portfolios; assets under this option currently account for approximately 1% of the fund’s total assets.
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