Hong Kong. Legacy Trust have launched a crypto pension plan
The Hong Kong based company Legacy Trust has opened a pension plan based on digital assets.
In what could be a world first the company have started a voluntary pension plan open to employers and the self-employed for which contributions and the underlying portfolio can include digital assets.
Vincent Chok, CEO of Legacy Trust said:
“Investors are moving beyond speculation — they want to use digital assets and bring them into a diversified portfolio,” he then added “We see this retirement plan as an important step towards the mainstream adoption of digital assets and a compliant way for early adopters and recent investors alike to make a long-term play in the cryptocurrency space.
” The stock markets have huge investment from longer-term passive funds through pensions so maybe this is a great idea. If it catches on it could ensure that there is a constant flow of investment in digital assets.
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