Morgan Creek Digital says it has secured what is probably the first investment in the crypto asset universe from a U.S. pension fund. The asset management firm founded by Mark Yusko, Jason Williams and Anthony Pompliano, announced today that it successfully raised more than $40 million for a venture capital fund that invests in digital assets.
Two pension plans in Fairfax County, Virginia are anchor investors in the new venture-capital fund, according to a statement from the company. Other investors include an insurance company, a university endowment and a private foundation, said Morgan Creek Digital founder Anthony Pompliano, who declined to provide further details
