According to a report by ChainCatcher, Australian pension and wealth management company AMP has announced the allocation of Bitcoin futures products, with an investment of 27 million Australian dollars (approximately 17.2 million US dollars), accounting for 0.05% of its total pension assets.
This is the first time that Australia's 4.1 trillion Australian dollar pension system has ventured into crypto assets. Although the Reserve Bank of Australia Governor Michele Bullock has a cautious attitude towards crypto assets, AMP stated that it will continue to manage the related investment portfolio under a strict risk control framework.
