MassMutual, an American multinational insurance company has announced the purchase of $100 million in Bitcoin. This is the latest example of institutional investors joining the cryptocurrency market. The massive insurance company that has more than $235 billion in its accounts, has just announced the purchase of $100 million in Bitcoin according to the Wall Street Journal. The recent acquisition is set to provide the insurance company with a “measured yet meaningful exposure to a growing economic aspect of our increasingly digital.” The company also invested a $5 million equity stake in New York Digital Investments Group. MassMutual had a revenue of over $29 billion in 2016 and counts with more than 10,000 employees globally. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Brexit update: Johnson warns of strong posibility of no deal FX Street 2 years MassMutual, an American multinational insurance company has announced the purchase of $100 million in Bitcoin. This is the latest example of institutional investors joining the cryptocurrency market. The massive insurance company that has more than $235 billion in its accounts, has just announced the purchase of $100 million in Bitcoin according to the Wall Street Journal. The recent acquisition is set to provide the insurance company with a "measured yet meaningful exposure to a growing economic aspect of our increasingly digital." The company also invested a $5 million equity stake in New York Digital Investments Group. MassMutual had a revenue of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
