Pension funds across the world have been seeking some exposure to crypto for a while! This time, it\u2019s Australia\u2019s Pension fund \u2018Rest Super\u2019 that is ready to make the move. As reported by Business Insider Australia, it is the first superannuation fund from Australia showing interest in exposing its member portfolio to the asset class. Interestingly, this news comes just within two days of the Pension Fund industry referring to cryptocurrencies as too risky. On Tuesday, November 23, during Rest super\u2019s annual general meeting, the chief investment officer Andrew Hill gave a go-ahead to the funds to digital assets. He told all the participating members that a small portion of their funds shall soon be invested in cryptocurrencies. Addressing all the members, Lill said: \u201cIt\u2019s still a very volatile investment, so any allocation exposure we make to cryptocurrencies is likely to be part of our diversified portfolio as initially a fairly small allocation that may, over time, build. We see it as a very interesting and important part of our portfolio going forward into the future.\u201d Crypto Investment Likely In Medium Term The Australian pension fund won\u2019t be making any investment in the near future. However, some exposure in the medium-term is certainly on the cards. \u201cWe are currently conducting extensive research into the asset class prior to making any decisions,\u201d Lill said. \u201cWe are also considering the security and regulatory aspects of investing in this class.\u201d Rest\u2019s decision to seek exposure to crypto has met with some hesitation from executives at a number of funds across the country. But Rest Super is not among the first to think of such measures. The New Kiwi Pension fund is also working on a similar plan. The same goes for the Virginia pension fund. In Australia, the Queensland Investment Corporation (QIC) is also mulling a similar exposure to crypto. QIC\u2019s head of currency, Stuart Simmons, said: \u201cas the segment matures\u201d, there\u2019s a likelihood that super funds seek out exposure, but that \u201cit\u2019s probably going to represent a trickle, rather than a flood\u201d. The decision from Rest Super comes as Australian lawmakers are keen on making crypto part of the country\u2019s financial system. Earlier this week, Jane Hume, the Minister for the Digital Economy said that digital assets are NOT a fad and that they are not going anytime soon. The post Australian Pension Fund \u2018Rest Super\u2019 Ready to Seek Exposure to Crypto appeared first on Coingape.