The Harvard University endowment, the largest in the world for an academic institution with over $40 billion in assets under management, as well as Yale and Brown’s endowments are reportedly buying crypto assets, reports Coindesk, citing sources familiar with the investments.
“Most have been in at least a year. I would think they will probably discuss it publicly at some point this year. I suspect they would be sitting on some pretty nice chunks of return.”
Yale endowment chief investment officer David Swensen, who is often referred to as the Warren Buffett of institutional investing, is known to have invested in two venture funds dedicated to cryptocurrency.
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