Financial Times: US endowment funds increase investment in cryptocurrencies
The Financial Times reported that as the price of Bitcoin soared and Donald Trump's attention to the cryptocurrency industry increased, US donation funds are increasing their investment in cryptocurrency. Franklin Bi, a partner at Pantera Capital, said that compared to five years ago, the participation of donation funds and foundations in cryptocurrency assets was low, but now there has been a "huge shift" in interest in digital assets.
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