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：商业)

• ·Meme 界的“链上小币安” Moonshot，新用户群体的集散地
• ·10月31日广发睿毅领先混合C净值下跌0.18%，近1个月累计下跌4.6%
• ·SEC专员Crenshaw批评Ripple和解案：特朗普政府下监管方向的重大转变
• ·保险未到期能否全额退款？
• ·美国众议院计划出售联邦土地为减税筹款
• ·10月31日建信信息产业股票A净值下跌0.35%，近1个月累计上涨0.57%
• ·比特币钻石有多少
• ·10月31日民生加银前沿科技灵活配置混合净值下跌0.10%，今年来累计下跌3.15%
• ·专项扣除和专项附加扣除内容有哪些
• ·生益电子：800G高速交换机相关PCB产品已取得批量订单
• ·tenx交易所
• ·meme币app最新版下载 meme币最新版最新官方公告
• ·大米销售属于免税吗
• ·10月31日安信平衡增利混合C净值下跌0.27%，近1个月累计下跌1.99%
• ·加密早报： 95% 的 2017 年热门代币现已淡出市场，隐私安全计算网络 Nillion 完成 2500 万美元融资
• ·10月31日前海开源量化优选C净值下跌0.57%，近1个月累计下跌3.03%