Fairfax County in Northern Virginia has already made investments in crypto- and blockchain startup funds with a portion of its pension fund. Now, it’s mulling over deeper involvement with decentralized finance (DeFi) yield farming.

The Fairfax County Police Pension System’s chief investment officer Katherine Molnar The system announced Tuesday that two new, crypto-oriented hedge fund managers will be funded by the Milken Institute Global Conference. A decision will be made in the next few days. If approved, it would mark the first use of pension funds money for DeFi.