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Virginia Public Pension Funds Double Down on Bitcoin


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Virginia Public Pension Funds Double Down on Bitcoin


Even government workers are trying to get exposure to crypto.


Two Virginia public pension funds are seeking approval to invest directly in an investment fund that buys Bitcoin, other cryptocurrencies, and crypto derivatives.


If given approval by their respective boards, the Fairfax County Police Officers Retirement System (PORS) and Fairfax County Employees' Retirement System (ERS) will invest $50 million in a Parataxis Capital Management fund, according to reporting from Bloomberg.


Read the original article on Decrypt

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