According to Cointelegraph, pension funds are in a crisis due to low demographic rates in many countries foreshadowing a dim future for such investments, combined with young people’s lack of faith in the continued existence of social security models.
Sources revealed that many pension funds have strived to remain apprised of new investment opportunities, including cryptocurrencies. With insights from a 2022 study published by the CFA Institute, “94% of state and government-sponsored pension funds are invested in one or more cryptocurrencies,” added Cointelegraph.
It is believed that pension fund interest in volatile cryptocurrencies has not come without consequences.
Cryptocurrencies is expected to offer a wide versatility, although mainstream investors may categorise them as vulgar speculative assets. Furthemore, AI might be able to offer many more use cases, Cointelegraph concluded.
(With insights from Cointelegraph)
