The latest insurance survey report by a banking giant says 11% of US insurers are either already invested in crypto or planning to do so.
Goldman Sachs Survey Indicates Insurers Slowly Warming to Crypto
The adoption of digital assets by insurance sector investors has been a keenly watched space. In December 2020, MassMutual Insurance CompanyThe report observes that although very small, the level of interest among insurers in cryptocurrencies is growing. To a question, if the respondents are planning to increase, maintain, or decrease their allocations to the available asset classes, 1% of respondents said they would increase, and 7% said they would maintain their allocations.Mathew McDermott, Goldman’s Global Head of Digital Assets, said he was positively surprised by the growing adoption of digital assets by global asset managers.
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