Australian pension fund AMP Ltd. invested 27 million US dollars in bitcoin, becoming one of the first in the country to invest in digital assets. This investment represents 0.05 percent of the company's assets. According to management, this is a step towards adapting to the growing crypto asset market. Despite bitcoin's volatility and regulators' caution, AMP intends to closely monitor risks.
12/13/2024 2:55:53 PM (GMT+1)
AMP Ltd. invested 27 million US dollars in bitcoin, the first step of the Australian pension fund towards digital assets with an investment share of 0.05 percent of the company's assets 📈
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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