Virginia county Fairfax commits $35M to Van Eck crypto lending fund

Cointelegraph

Published Jul 06, 2022 04:47AM ET

Updated Jul 06, 2022 06:20AM ET

Virginia county Fairfax has begun investing a portion of a $35 million allotment into a cryptocurrency lending fund managed by global asset managers VanEck.

The firm announced that it had received an initial tranche of the investment commitment from Fairfax County, which is allocating funds from two retirement systems into a variety of cryptocurrency-focused investment avenues.

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