Can Orbis Penetrate the Pension Funds Market?
Can Orbis Penetrate the Pension Funds Market?
Rumor has it that the Pension Funds is considering cryptocurrency. Well, that’s not really surprising. At the dawn of new era, we’re seeing traditional financial market shift to blockchain technology. We can imagine that it’s not an easy decision for them but the fact that crypto is being considered means that the best cryptocurrencies are here to stay.
Recently, we’re received news that more and more companies inside the pension funds space are being more and more positive about using blockchain technology. If it’s true, it will be huge for crypto as the largest 300 pension funds are known to collectively hold 6 trillion dollars in assets.
We all know that 2018 has been a bear market and prices keep falling consistently every single day. Still, it’s highly unlikely that pension funds companies have engaged in crypto investing this year. It could have been profitable for them but the problem and one obvious reason is the heavier and more serious investor protection regulations. Pension funds have really huge amount of money to invest and it would be very risky if they enter an unregulated market. Cryptocurrency is still very volatile and not regulated enough but things are about to change. Year 2019 is believed to be the year of security tokens. If pension funds companies are really considering crypto, security tokens can play a huge role.
Chuck Lauber, a portfolio manager at First National Fund Advisors, explained that pension funds in the U.S. specifically are public entities. He mentioned that they’re mired in red tape which results in most of them being ‘late to the game’ in the realm of investment opportunity. It’s probably true that pension companies are late in the game but they can also change the market drastically and in a positive way. Cyrpto is looking for mass adoption and it’s probably one of the first huge steps the crypto community needs.
For years, there have been reports that the performance and growth of pension funds is declining. As a result, the future of retired populations can be at risk. Combined with rising inflation rate, the retiring population is at huge disadvantage and the retirement fund market is at breaking point. Given this condition, pension funds companies need to change and not depend entirely on fiat money.
It will take time for pension funds to be comfortable with investing into cryptocurrency. It’s very important for stakeholders, company owners and people behind it to learn the ins and outs of this volatile but very promising market. If the pension company will really dive into the market, we at Orbis is ready to make moves. As a security token, we’re one step ahead of other cryptocurrencies because we have the technology and the security this pension market needs. To learn more about what Orbis can offer, visit www.orbistransfer.com
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