According to a report by the Financial Times (FT), several pension funds, including Lockheed Martin, a major US defense contractor, are reportedly providing funding for the digital asset prime brokerage Hidden Road. This move is considered unusual, as prime brokers typically do not seek external funding, and it represents a significant risk for pension funds. Notably, the Ontario Teachers and Employees Pension (OTPP) of Canada faced substantial losses during the FTX crisis and subsequently ceased investing in cryptocurrencies. The involvement of Lockheed and pension funds in Hidden Road suggests a willingness to take on risks in pursuit of higher returns. Some sources indicate that Hidden Road is perceived more as a private equity fund or investment company that attracts external funds rather than a traditional prime broker. 🏦💰 #PensionFunds #HiddenRoad #CryptoInvestments