2024

Optimism

Coin

<ul class="wp-block-list news-points">
 <li>FTX’s $16B payout in Q4 2024 could drive fresh liquidity into crypto markets</li>
 <li>PRIM pension fund hits $105.3B in AUM, showing renewed interest in digital assets.</li>
 <li>Institutional interest signals potential crypto market rebound.</li>
</ul>
FTX is gearing up to release <a href="https://x.com/martypartymusic/status/1836575221240992038" target="_blank" rel="noopener noreferrer nofollow">$16 billion</a> to creditors by Q4 2024, potentially providing a fresh influx of liquidity into crypto markets. Adding to the positive sentiment, pension funds like <a href="https://x.com/ThomasBraziel/status/1836466732795596884" target="_blank" rel="noopener noreferrer nofollow">PRIM </a>are looking into investment opportunities in digital assets, suggesting growing mainstream acceptance and institutional interest in cryptocurrency.
<h2 class="wp-block-heading" id="h-pension-fund-s-crypto-foray-boosts-confidence">Pension Fund’s Crypto Foray Boosts Confidence</h2>
Though traditionally conservative, the Massachusetts Pension Reserves Investment Management (PRIM) Board has joined a growing list of institutional investors with exposure to cryptocurrency. PRIM manages public pension assets through the Pension Reserves Investment Trust (PRIT) Fund, which recently reached a record $105.3 billion in assets under management (AUM) as of June 2024.
PRIM’s decision to explore cryptocurrency investments speaks to the resilience and possible long-term value of the digital asset market, even with the challenges the sector h…
The post <a href="https://coinedition.com/ftx-refunds-and-pension-funds-crypto-interest-spark-market-optimism/" rel="noopener noreferrer nofollow">FTX Refunds and Pension Fund’s Crypto Interest Spark Market Optimism</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

FTX Refunds and Pension Fund’s Crypto Interest Spark Market Optimism

Table of Contents

Coin Edition

Other articles published on Sep 19, 2024

Unprecedented Growth: Top 5 Bitcoin Futures ETFs Reshape Crypto Landscape

Crypto Billionaire Predicts 10,000% Rally for Solana Meme Coin: Dogen Gives TON and DOGS a Run fo...

Aptos Welcomes Brevan Howard, BlackRock, and Hamilton Tokenized Funds by Libre

DZ Bank partners with Boerse Stuttgart for crypto trading

Coinpedia Fintech News

Hamster Kombat September 19: Daily Combo Card and Cipher Code

Join our free newsletter for daily crypto updates!