|More from: | CoinTelegraph |||
Multiple Ivy League and other prestigious U.S. universities are said to have made investments into “at least” one cryptocurrency fund. The report was published by the technology news site Information Wednesday, Oct. 10.
Citing an unnamed source, the Information reported that the multi-billion endowments of Harvard University, Stanford University, Dartmouth College, Massachusetts Institute of Technology (MIT), and the University of North Carolina had all invested capital in the crypto space. This is “a sign of the asset class’ growing acceptance among institutional investors,” the source said.
Harvard’s endowment is reported to have hit $39.2 billion during the fiscal year 2018, making it “by far the largest university endowment across the globe.” In the wealthiest U.S. college rankings for
Read full article » https://cointelegraph.com/news/report-harvard-stanford-mit-endowments-all-invest-in-crypto-funds
About | CoinTelegraph |
Cointelegraph is a completely independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen web. We offer the latest news, prices, breakthroughs and analysis with emphasis on expert opinion and commentary from the digital currency community.