Show me the money! Fairfax County is interested in the short-term nature of yield farming as it unpacks a $35 million investment into VanEck’s crypto lending fund. (Reporting via gazza_jenks)
Virginia’s Fairfax County continues to be a prominent public institutional investor in the cryptocurrency space and is set to diversify its portfolio with a move into yield farming.
Spellar confirmed that the Employees' Retirement System had committed $25 million to the fund while the Police Officers' Retirement System had pledged $10 million. The investment will take place between July and September this year, depending on market conditions. As the wider cryptocurrency ecosystem weathers the storm, investment schemes and funds like Fairfax County’s ERS and PORS continue to see the value offered by the sector, as Spellar told Cointelegraph:
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Beach at Island Lake County Park in Kitsap County closed due to high E. coli levelsThe Kitsap County Public Health District temporarily closed the swimming beach at Island Lake County Park on Friday due to high levels of E. coli bacteria in the water. FOX13
Leer más »
King County tackles short and long term plans to restrict local gun violenceKing County Council addressed the need to make guns less accessible while also stressing the importance of providing essential resources to those in more impoverished areas of the county during its meeting Wednesday morning.
Leer más »
King County Council examining ways to get guns out of hands of 'potentially violent' peopleCollectively, the King County Council is taking a deep dive into new methods aimed at protecting people from gun violence. On Wednesday, the Council heard from experts in preventing domestic violence, suicides and other gun crimes during the first of two roundtable discussions on the matter.
Leer más »