Express

Florida CFO Reveals The State's $800M Crypto Stake, Hints at More Under Trump

Mary Liu

Summary: Florida Chief Financial Officer Jimmy Patronis told CNBC on Thursday that the state has approximately $800 million invested in "crypto-related" assets. If former President Trump wins the election next month, Patronis wouldn't be surprised to see that number grow.  Earlier this week, Patronis penned a letter suggesting Florida should "allocate a portion of the state ...

Florida Chief Financial Officer Jimmy Patronis told CNBC on Thursday that the state has approximately $800 million invested in "crypto-related" assets. If former President Trump wins the election next month, Patronis wouldn't be surprised to see that number grow. 

Earlier this week, Patronis penned a letter suggesting Florida should "allocate a portion of the state retirement system funds into cryptocurrency." Florida joins other U.S. states, like Wisconsin, which has a $1.63 million stake in spot Bitcoin ETFs.

Last Update:

Tags: ,,,
Link: Florida CFO Reveals The State's $800M Crypto Stake, Hints at More Under Trump   [Copy]
Next:

Related Articles

  • The Road to 2026: Where Is the Web3 Ecosystem Heading Next? 12 days ago
  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 27 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program November 17, 2025
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025

    • You need to login to comment.