Category: houston

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US Public Pension Fund for Firefighters Adds Bitcoin and Ether Worth $25 Million to Portfolio

October 21, 2021

The $5.5 billion pension fund for the U.S. city of Houston’s firefighters has announced an investment in bitcoin and ether. “This investment marks the first announced investment in digital assets by a public pension plan in the U.S.” ‘A Watershed Moment for Bitcoin and Its Place in Public Pensions’ The Houston Firefighters’ Relief and Retirement…
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Pension fund for Texas firefighters reportedly allocates $25M to Bitcoin and Ether

October 21, 2021

The fund is responsible for the benefits of more than 6,600 active and retired firefighters as well as surviving family members. The pension fund for firefighters in Houston has allocated part of its $4 billion portfolio towards crypto. According to an Oct. 21 Bloomberg report, the Houston Firefighters’ Relief and Retirement Fund used the New…
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