An undisclosed UK pension fund has invested 3% of its total assets in Bitcoin, marking the first ever Bitcoin investment by a British defined benefit scheme. The investment was made after a thorough due diligence process and is seen as a strategic move to future-proof the pension scheme. The pension specialist involved, Cartwright, urges other UK institutional investors to support Bitcoin investments to keep pace with global trends. The investment structure implemented by Cartwright focuses on asset security and offers flexibility for profit-taking. This development could pave the way for wider institutional adoption of Bitcoin and other crypto assets in diversified investment portfolios.



Other News from Today