Why more retirees may be warming up to crypto [Yahoo! Finance Canada]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance Canada
Listen and subscribe to Decoding Retirement on Apple Podcasts Spotify , or wherever you find your favorite podcasts. Many retirees and near-retirees might be curious about investing in crypto but unsure whether to take the plunge. Philip Martin, chief security officer for Coinbase Global, believes that individuals nearing or in retirement should consider investing in digital assets. "Just like any diversified portfolio, crypto can be a component of a retiree's or near-retiree's assets," Martin said in a recent Decoding Retirement podcast. "But also, I think they should think about it as something that's really important to learn about." For one, he noted that major household-name financial firms, such as BlackRock ( BLK ), are now launching crypto ETFs after doing a significant amount of due diligence. Other wealth managers, such as Bank of America ( BAC ), have even endorsed allocating a small portion of their portfolio to crypto. That alone, Martin said, signals that cryp
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