University of Austin in the United States is raising a $5 million Bitcoin fund for its $200 million endowment fund, becoming the first such fund in the United States. Chad Thevenot, senior vice president of development at the school, said that the crypto asset portfolio will be held for at least five years.

University of Austin in the United States is raising a $5 million Bitcoin fund for its $200 million endowment fund, becoming the first such fund in the United States. Chad Thevenot, senior vice president of development at the school, said that the crypto asset portfolio will be held for at least five years.

https://www.ft.com/content/cb9511a5-5df7-4ba7-974a-2f00d9d2128c