SMSFs Fuel Crypto’s Push Into Retirement Portfolios, Defying Risk Warnings
Coinbase and OKX are advancing efforts to bring cryptocurrency into Australia’s pension system, a move that signals growing institutional interest in digital assets as a retirement investment. The Australian retirement savings pool, valued at approximately AUD 4.3 trillion (USD 2.8 trillion), is attracting attention from global crypto exchanges, which are targeting Self-Managed Superannuation Funds (SMSFs). These investor-managed funds represent a quarter of the country’s pension market and offer greater investment flexibility compared to traditional pension funds. SMSFs have seen a sevenfold increase in cryptocurrency holdings since 2021, with assets held in these funds reaching AUD 1.7 billion as of March 2024 [1].
Both Coinbase and…
