KIC says still premature to invest in cryptocurrencies
May 13, 2021 (Gmt+09:00)
NPS’ Kim Jun-geun (second from left), KIC's Yoon Sunghyun (second from right) and Korea Post's Lee Su Jin (right)
The Korea Investment Corp. (KIC) is keeping an eye on cryptocurrencies as some famed hedge fund managers began investing in the virtual asset, but it is still premature for the sovereign wealth fund to invest in them, its senior manager said on Wednesday.