Ontario Teachers’ fund refrains from crypto after FTX loss worth $95 million
Market Musing-g

Ontario Teachers’ fund refrains from crypto after FTX loss worth $95 million

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1 year ago

Canada’s Ontario Teachers’ Pension Plan has canceled $95 million investment in the bankrupt digital currency exchange FTX.

Ontario Teachers’ fund refrains from crypto after FTX loss worth $95 million

SNEAK PEEK

  • Ontario Teachers’ Pension Plan dismisses $95 million investment in FTX.
  • The new plans involve investment in real estate and exposure to private credit.
  • Besides OTPP, Canada’s second-largest pension fund manager also had a tough time resulting from crypto failures.

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