Holpop News

Pension funds in Fairfax County, Virginia, have already allocated some of their pension assets to investments in cryptocurrency and blockchain, but are considering moving forward with larger investments in farming tools.
Catherine Molnar, investment director of the Fairfax County Police Pension System, said the system plans to fund two new cryptocurrency hedge funds.
According to Molnar, Fairfax has already invested in cryptocurrency seven times, particularly in funds with a focus on illiquid early-stage tokens, as well as volatility trading.
“Instead of being intimidated by volatility, we try to find uses for it. Volatility is good for relative value strategies. Our expected return is 9-11% in one strategy and slightly higher in another,” she added.
According to Molnar, pharming assets can generate returns ranging from 4% to 1,000%. She added that she sees farming as an alternative to fixed-income instruments.