🇹🇷 South Korean pension fund, National Pension Service (NPS), bought nearly $20 million worth of Coinbase (COIN) stock in Q3! 🚀 This helped the fund make a 40% profit in the quarter by investing in the US-listed crypto exchange. 😎
NPS saw a 4% increase in COIN shares in Q3, which have gained 177% this year. 📈 South Korea’s National Assembly criticized the fund’s exposure to virtual asset-related businesses. 🤔
However, according to a survey conducted by Pensions Age earlier this year, pension plans see digital assets as an important part of the investment landscape and consider them as a portfolio diversification opportunity. 🌐
Do you think this move by NPS was a smart one? 🧐 We’re waiting for your comments! 💬#DeFi#Web3 #Cryptocurrency
NPS saw a 4% increase in COIN shares in Q3, which have gained 177% this year. 📈 South Korea’s National Assembly criticized the fund’s exposure to virtual asset-related businesses. 🤔
However, according to a survey conducted by Pensions Age earlier this year, pension plans see digital assets as an important part of the investment landscape and consider them as a portfolio diversification opportunity. 🌐
Do you think this move by NPS was a smart one? 🧐 We’re waiting for your comments! 💬#DeFi#Web3 #Cryptocurrency