Investieren Sie bis Ende des Jahres in vermietete US-Immobilien. Mit dem aktuellen Jamestown 31. Jetzt mehr erfahren!-w-
21.10.2021 15:30

Houston Firefighters' Relief and Retirement Fund Announces Bitcoin Purchase

Folgen
Werbung

HOUSTON and NEW YORK, Oct. 21, 2021 /PRNewswire/ -- The Houston Firefighters' Relief and Retirement Fund (HFRRF), the pension fund for the City of Houston's firefighters, today announced that it had purchased bitcoin and ether for the defined benefit plan's portfolio. This investment marks the first announced investment in digital assets by a public pension plan in the U.S. and was facilitated exclusively by NYDIG, a leading bitcoin company.

NYDIG

"We are excited to take this first step forward into the world of digital assets. This investment expresses our belief in the disruptive potential of distributed ledger technology for the development and democratization of value accumulation through disintermediation," said Ajit Singh, HFRRF's Chief Investment Officer. "We have been studying digital assets' transformative potential for some time, and we are pleased to have a partner of NYDIG's caliber to ensure secure, robust and efficient execution, and enhanced compliance as we enter this new market."

The public plan has made the investment through a customized private fund managed by NYDIG using the firm's regulated, audited and insured custody system.

The partnership will enable the plan to leverage NYDIG's secure, full-stack platform on behalf of its benefactors. HFRRF's benefactors today include more than 6,600 active and retired firefighters and survivors of firefighters.

"This investment represents a watershed moment for bitcoin and its place in public pensions," said Nate Conrad, Global Head of Asset Management at NYDIG. "Fiduciaries are increasingly aware of how even a small allocation to digital assets can make a big impact over time, and they now have a partner in NYDIG who can help them make it happen. We couldn't be happier to be supporting forward-thinking entities like HFRRF in their mission to best serve their members."

Contact
Conor Shea 
Edelman 
conor.shea@edelman.com 

About HFRRF
HFRRF's mission is to provide a secure retirement benefit plan for our members through professional administration, prudent management of system assets, sound investment practices, and prompt and courteous delivery of accurate benefits and useful information.
https://www.hfrrf.org/

About NYDIG 
NYDIG provides Bitcoin technology and financial services solutions to banks, insurers, corporations, and institutions. The firm and its products meet the industry's highest regulatory, audit, and governance standards. Learn more at?nydig.com, or connect on?LinkedIn?and?Twitter

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/houston-firefighters-relief-and-retirement-fund-announces-bitcoin-purchase-301405769.html

SOURCE NYDIG; Houston Firefighters’ Relief and Retirement Fund

Jetzt noch kostenlos anmelden!

Haben Sie Ihren Wunschzettel für das Weihnachtsfest bereits fertig? Dann sollten Sie die Liste unbedingt noch mit Aktien ergänzen! Im Trading-Seminar heute um 18 Uhr verraten Ihnen zwei Börsenexperten exklusiv die Favoriten für das Jahr 2022 - und bereiten allen Teilnehmern eine vorzeitige Weihnachtsüberraschung!
Jetzt noch schnell anmelden!
Werbung
Werbung
Werbung
Werbung
Börse Stuttgart Anlegerclub
Werbung

Heute im Fokus

DAX mit Erholung -- BioNTech-Chef: Haben noch harte Monate vor uns -- NIO feiert neuen Auslieferungsrekord -- LEG erhöht Gewinnprognose -- Salesforce enttäuscht -- JENOPTIK, VW, Merck & Co im Fokus

Creditreform hebt Rating-Ausblick für die Commerzbank an. Google verbietet vor Wahl auf den Philippinen politische Werbung. Daimler-Geschäft mit Lkw und Bussen ist unabhängig. adidas schließt zweites Aktienrückkaufprogramm 2021 ab. IG Metall ruft abermals zu Warnstreiks bei Airbus auf. Gewinnmitnahmen bei HelloFresh.

Umfrage

Wie bewerten Sie die Verhandlungsergebnisse und künftigen Pläne der Ampelkoalition?

finanzen.net zero
finanzen.net zero

Oskar

ETF-Sparplan

Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln