Allocators from two Fairfax County plans favor managers with a ‘multi-strategy approach’ to both VC and cryptocurrencies.
But central bank digital currencies could disrupt the banking industry’s business model.
The digital asset is gaining more acceptance among institutional investors.
Retirement funds and other institutions are gradually warming to cryptocurrencies.
Big changes that are foreseen, but nonetheless could upend the world as we know it, as State Street sees things.