Experts said the challenges facing the Hayward program follow patterns seen across the country — amid limited government resources, threats of lawsuits and difficulty managing distributions and raising funds, turning promises into payments may be the hardest part.
—
Ara Rosenthal,
Mercury News,
6 Mar. 2026
Both the School Aid Fund and the Michigan Transportation Fund will receive over $109 million each, on top of the distributions to local units of government, Ron Leix, spokesperson for the Michigan Department of Treasury, confirmed.
If California’s pension systems invest in cryptocurrencies and other digital assets, allocations should be small, fully disclosed, subject to strict custody and stress testing, and have clear exit strategies to protect taxpayers.
—
Mariana Trujillo,
Oc Register,
6 Mar. 2026
They are offered through four allocations each year to a direct mailing list.
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