🚀 **Florida's $800M Crypto Bet!** 🚀

Florida's Chief Financial Officer, Jimmy Patronis, revealed that the state holds approximately $800 million in crypto-related investments! 💰 During a CNBC interview, Patronis emphasized Florida's commitment to exploring cryptocurrency as a viable investment, despite traditional concerns.

Key points:

- Florida's state portfolio includes $800M in crypto.

- Patronis views crypto as an established asset class with long-term potential.

- Florida aims to position itself as a leading crypto hub, especially Miami.

Regulatory insights:

- Patronis discussed concerns about federal overreach with centralized digital currencies.

- He highlighted crypto's role in preserving purchasing power amid inflation.

What are your thoughts on Florida's crypto strategy? Drop your comments below! 👇

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