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Major Australian pension fund mulls crypto offerings amid growing demand — TradingView News

Major Australian pension fund mulls crypto offerings amid growing demand — TradingView News

Hostplus, Australia’s third-largest pension fund by member count, is reportedly considering offering cryptocurrencies as an investment option, citing interest from its members in the asset class.

“There’s certainly a demand from some of our members who write in and say, ‘Why can’t I have access to cryptocurrency?’” Sam Sicilia, the fund’s chief investment officer, told Bloomberg on Monday. 

Investment offerings in crypto could be available as soon as next financial year, he said, with Bitcoin and other digital assets offered through its ChoicePlus investment option, which allows people to self-manage their retirement savings portfolio.

The plan is still in its design phase and would require regulatory approval, as well as…

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