Goldman Sachs: $26 Trillion Market Could Use Bitcoin for Payments

Bitcoin was included in the “annual insurance survey” of Goldman Sachs, the world’s leading banking giant. From the answers given by the participants, who represent half of the 26 trillion dollar market, it was concluded that they started to warm up to cryptocurrencies.

According to Forbes, banking giant Goldman Sachs from 328 financial officials in a survey of the participants 6%It has been concluded that . According to the survey, although it is seen that most of the insurance companies do not invest in cryptocurrencies, given the recent market fluctuations and declines, Goldman Sachs has a lower rate than this. He said it was positive.

Head of Global Insurance Asset Management and Liquidity, Goldman Sachs Mike Siegel In a statement, the survey participants $26 trillion He said they think it represents the market quite well.

Cryptocurrencies after private equity, commodities and stocks in the survey ranked 5th. However, last week, JP Morgan ranked cryptocurrencies in preferred alternative investment products. kept in front of real estate.

In the survey published by Goldman Sachs for the 11th first time has included cryptocurrencies. Siegel, the official of the company, said that with the practicality of crypto money, it will turn into a more effective tool when it is included among the existing premium assets by insurance companies. 26 trillion dollar market can be used for payments expressed.

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