Tag: Allocates

  • Michigan Pension Backs Crypto, Allocates $6.6M to BTC ETFs

    Michigan Pension Backs Crypto, Allocates $6.6M to BTC ETFs

    Exploring Institutional bitcoin Investment: The Michigan Pension Fund Leap In an audacious move highlighting the increasing confidence among institutional investors in cryptocurrencies, the State of Michigan Retirement System has allocated a significant $6.6 million into the vibrant world of bitcoin exchange-traded funds (ETFs). This strategic decision, specifically targeting the ARK 21Shares bitcoin ETF, signals a…

  • Singapore Allocates $74.3 Million for Quantum Computing and AI in Finance Sector

    Singapore Allocates $74.3 Million for Quantum Computing and AI in Finance Sector

    The Next Big Leap: Amping Up Singapore’s Finance Sector with Quantum Computing and AI The dynamic world of finance is on the brink of an extraordinary revolution, and Singapore is not just watching from the sidelines; it’s gearing up to lead the charge. With a strategic move that’s bound to elevate the financial arena to…