Florida State Treasurer Jimmy Patronis recently suggested that the state government consider including Bitcoin in the investment portfolio of the state retirement fund, in order to provide a hedge against market volatility for the investment portfolio.

Jimmy Patronis wrote to Chris Spencer, Executive Director of the Florida Board of Governors (SBA), on October 29th, proposing to evaluate the feasibility, risks, and potential benefits of investing some state retirement system funds in digital asset classes, and to complete the report before the next legislative session on March 4, 2025. He said:

Bitcoin is known as the 'digital gold', which can help diversify state investment portfolios and provide a stable hedge against volatility in other major asset classes

Currently, the total assets managed by Florida SBA exceed $205 billion, covering over 30 funds including the Florida Retirement System Trust Fund. Patronis suggests that SBA may consider establishing a "Digital Currency Investment Pilot Program" within the Florida Growth Fund, utilizing up to 1.5% of the fund's funds for high growth investments. According to the January report, the growth fund has invested $998 million in high growth projects between 2022 and 2023.

When managing state pensions for firefighters, teachers, and police officers, priority should be given to the best investment return. The potential of investing in cryptocurrencies such as Bitcoin is particularly attractive in this context

He also pointed out that this measure is consistent with Florida Governor Ron DeSantis' recent opposition to central bank digital currencies (CBDCs), believing that cryptocurrency is the "opposite" of central currency and more in line with the state government's investment philosophy.

If Florida adopts this proposal, it will join the ranks of states such as Wisconsin and Michigan that have already included cryptocurrency in their retirement fund investments. In May of this year, the Wisconsin Investment Board (SWIB) disclosed that the state had invested $164 million in Grayscale and BlackRock's Bitcoin spot ETF, accounting for 0.1% of its total assets. A few months later, the Michigan Retirement System also announced its Bitcoin investment, holding 110000 shares of the ARK 21Shares ETF, which represents approximately 0.003% of its assets.

(责任编辑：白银TD)

• ·残保金按月如何计算
• ·10月31日财通景气行业混合C净值下跌0.25%，今年来累计上涨3.58%
• ·下次发工资时补个税怎么做分录
• ·比特币是用什么挖的
• ·虚拟币全球行情软件
• ·10月31日中邮瑞享两年定开混合C净值增长0.10%，近3个月累计上涨5.7%
• ·rsk币今日价格-rsk币行情
• ·收到商业承兑汇票的会计分录
• ·资产数字化平台-资产数字化平台有哪些
• ·如何记录工会经费的分录？
• ·分析：美国财长的言论抵消了特朗普降低美债收益率的努力
• ·神马矿机软件
• ·据《华尔街日报》报道，摩根大通、美国银行、花旗银行和富国银行正在考虑联合推出稳定币
• ·10月31日汇添富战略精选中小盘市值3年持有混合发起C净值下跌0.63%，近1个月累计下跌2.39%
• ·btc火币今日行情-
• ·数字货币在线行情