World’s Largest Pension Fund Invests in Ink

With the meteoric rise of digital assets and the block chain industry, traditional finance & investment juggernauts have increasingly turned their attention to these assets. The pension fund of Russia’s Gazprom have turned their attention to this space. Their first port of call? Ink.

Gazprom is currently the largest oil and gas company in the world, according to S&P Global Platts 250’s ratings, having toppled Exxon Mobile’s 12 year reign at the top. They currently operate Russia’s largest pension fund, NPF Gazfond.

Similarly, Alor Invest, an investment company founded in 1993, have entered this space for its immense potential. Alor provides investment and banking service for small and medium enterprises and was awarded the Russian Financial Elite Award several occasions since 2005. They currently have more than 12 Merger & Acquisition projects, 15 financial advisory projects and 15 debt capital markets projects, including the Russian first national project on consumer loan securitization.

Gazfond and Alor have joined forces to form the largest pension fund in the world. They would be assuming responsibility for the pension fund of the Russian government. The fund is expected to reach $200 billion in 2020.

In addition to Gazfond and Alor, Ink has also received multi-investment from Fenbushi Capital Shen Bo, Qtum Foundation, Bodhi founder Lin Jianhong, Manzi Venture Capital, INBlockchain, AWARE Capital, Softbank SAIF Yan Yan, Collinstar Capital, Bytom Duan Xinxing, Spacechain Zheng Zuo, Xu Zijing, Coinguide, Icosharks, Waves, Siberia Captial.