Pension funds in Fairfax County, Virginia can increase their share of investment in the crypto industry by participating in an asset-raising strategy. It was stated CIO systems, writes Catherine Molnar, Bloomberg.

To this end, two digital-asset-focused hedge funds could receive funding.

Pension funds have already invested in structures that focus on volatility trading as well as early-stage illiquid tokens. The latter includes a variety of strategies, including asset farming, fundamental trading, and cross-exchange arbitrage.

Instead of fearing volatility, we look for ways to exploit it. It is used in relative value strategies. Our expected return is 9-11% in one strategy and slightly higher in the other.”Molnar explained.

According to the official, the asset can bring farming APY From 4% to 1000%. It sees this as an alternative to fixed income and an opportunity for higher returns than interest-sensitive assets.

Recall that Fidelity Investments plans to offer its clients the opportunity to save bitcoin in their 401(k) retirement savings accounts with their employer’s approval.

The initiative worried the US Department of Labor, although officials stressed that they would not ban such a product.