Florida CFO Says State Holds $800M in Crypto Investments
In what is a massive development for the digital asset industry at large, Florida’s Chief Financial Officer (CFO), Jimmy Patronis, recently said the state holds $800 million in crypto-related investments. Indeed, speaking to CNBC, Patronis discussed the asset class and its growing importance. Moreover, the discussion outlined the state’s continued commitment to increasing its exposure to the technology. Not only does it already boast impressive crypto investments, but that trend is not one that the state expects to slow any time soon. Over the next year, state investment into crypto products could be set to magnify. JUST IN: Florida's Chief Financial Officer says the state holds over $800 million in crypto-related investments. — Watcher.Guru (@WatcherGuru) November 1, 2024 Also Read: Florida Eyes State Bitcoin Stockpile for Retirees, Inspired By Trump Florida Discloses Crypto Investments as CFO Highlights Importance of the Asset Class There is no denying that 2024 may...