Pension funds are beginning to dabble in crypto investing, opening the door for a broader discussion about whether investment managers should embrace the risk profile of digital assets. Driving the news: The Fairfax County Board of Trustees in northern Virginia recently authorized its $6.8 billion pension funds to begin investing in the area of crypto lending, the Financial Times reports. • Other funds have gained exposure to the space as well in recent years, many of them through indirect investment strategies. Why it matters: The success or failure of pension funds enables them to distribute checks to retirees and ... (full story)