Florida CFO says state holds $800 million worth of crypto investments

BlockBeats news, November 1, according to The Block, Florida Chief Financial Officer Jimmy Patronis said in an interview with CNBC on Thursday that the state's investment portfolio holds about $800 million in "crypto-related" investments. If former President Trump is re-elected next month, he will not be surprised by the increase in this number.

Earlier this week, Patronis said in a letter that Florida should "put part of the state pension system funds into cryptocurrencies."