Cryptocurrency News

Fairfax County highlights the value in the ‘short-term nature’ of yield farming

2022.07.08 17:45

Fairfax County highlights the value in the 'short-term nature' of yield farming
Fairfax County highlights the value in the ‘short-term nature’ of yield farming

Virginia’s Fairfax County continues to be a prominent public institutional investor in the cryptocurrency space and is set to diversify its portfolio with a move into yield farming.

As previously reported, global asset managers VanEck announced that the Fairfax employees’ and police retirement systems will invest $35 million into the firm’s crypto lending fund. It’s the latest investment move by the two county-run funds in the cryptocurrency space since their original foray began in 2018.

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