Ontario Teachers’ Pension Plan (OTPP) is one of Canada’s
largest pension funds and they do not want anything to do with crypto after being
burnt for $95 million in the FTX collapse.
Caisse de dépôt et placement du Québec (CDPQ) is another Canadian pension fund. They lost $150 million after investing in the cryptocurrency lending platform Celsius.
With pension funds like this not likely to invest in crypto again it sends a bad signal to potential entities that might or are invested in crypto.
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