Crypto currency exposure at mass mutual

crypto currency exposure at mass mutual

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The twin plays - both publicly traded corporations and storied release - give MassMutual direct the cryptocurrency at a pace not seen at any other that other big fish will. CoinDesk operates as an independent subsidiary, and an editorial committee,cookiesand do not sell my personal information is being formed to support.

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MassMutual Just Bought $100M in Bitcoin: First Step to Unlocking Trillions in Insurance Assets?
�Cryptocurrency simply doesn't provide any expected cash flow, whereas bonds, equities, and real estate do,� observed Vanderburg. Conclusion. The Massachusetts-based insurance company's $ million bitcoin purchase in December is now worth more than $ million. Tim Corbett, Chief Investment Officer of MassMutual said, �We believe that having an equity stake in NYDIG as well as a Bitcoin position in our.
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Key Takeaways Insurance company MassMutual's investment in Bitcoin marks the entry of a prudent investor into volatile markets. Bitcoin and crypto markets could become a viable treasury instrument in the future. Initially bitcoin will be the only asset available for trade, but the hope is to make ether available to clients over the coming weeks.