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InvestmentsAustralia’s Rest Super retirement fund to invest in crypto for its 1.8M...

Australia’s Rest Super retirement fund to invest in crypto for its 1.8M members By Cointelegraph


© Reuters.

Australian superannuation fund Rest Super is about to change into the primary retirement fund in the nation to invest in cryptocurrencies.

The fund has greater than $46.8 billion value of property below administration and round 1.8 million members. Superannuation is the equal of a 401k or Individual Retirement Account in the United States and is obligatory for all staff. Until now, the $2.4-trillion sector has been extraordinarily cautious about cryptocurrency.