Archive: institutional crypto
Institutional Investors Likely to Grapple With Crypto FOMO
By Adam Sharp on August 20, 2021
Back in December 2020, I wrote the following in “Institutional Bitcoin Is Here to Stay:” Insurance giant MassMutual announced last week that it had purchased $100 million worth of BTC. It also took a $5 million equity stake in New York Digital Investment Group (NYDIG), a digital asset management firm. MassMutual is one of the largest insurers in the U.S. It has 5 million customers and has been around…