UK First Pension Fund Invests 3% of Its Assets Directly in Bitcoin

On November 5th, the UK's first pension fund has invested 3% of its assets directly in Bitcoin, with the assistance of consultancy Cartwright, rather than indirectly through ETFs, for example. The decision was reached after in-depth discussions with the fund's trustees, focusing on ESG considerations and security, with the private key being co-managed by five independent organizations.Cartwright is also planning to launch a Bitcoin employee benefits program, which would allow companies to pay Bitcoin directly into their employees' wallets, and several companies have already expressed interest.