Coinbase, OKX to steer Australian pension funds into crypto
Crypto giants Coinbase Global and OKX are preparing products to tap the Australian retirement system. Digital assets are expected to tap the industry’s $2.8 trillion in total value, as mainstream crypto adoption is gaining mainstream acceptance.
Coinbase Global and OKX are preparing products to tap the Australian pension pool, containing $2.8 trillion in one of the world’s best-regulated retirement systems. Two of the largest centralized exchanges aim to redirect some of the retirement money into cryptocurrencies, deepening the connection between crypto and mainstream finance.
The initial connection with crypto will be the newly introduced superannuation funds, or SMSFs, which make up around 25% of Australia’s pension…
