Regulation News

Just In: Goldman Sachs Crypto Review Shows Major Uptick, Here’s Why

Goldman Sachs crypto survey indicates massive inroads into institutional adoption in insurance sector. Institutions are becoming confident to explore crypto investment opportunities.
Published by
Just In: Goldman Sachs Crypto Review Shows Major Uptick, Here’s Why

Top Wall Street bank Goldman Sachs crypto survey indicates massive inroads into institutional adoption in the insurance sector. In its latest annual report on the sector, it said institutions are becoming more confident to explore investment opportunities in crypto.

The institutions are also recognizing the disruptive impact of the underlying blockchain technology, it noted.

In the recent past, enough has already been established in financial services to recognize cryptocurrencies as an asset class. The latest insurance survey report by Goldman Sachs is another step forward in this direction.

Advertisement

Crypto Is Top 5 Asset Class Among Insurers

Insurers around the world placed cryptocurrencies at fifth place in the list of asset classes that they would yield highest returns. The ranking was established in the Goldman Sachs crypto report when ranked the three asset classes expected to deliver the most in the next one year.

Accordingly, private equity, commodities, emerging market equities and real estate equity were picked as the first preference out of three. These four asset classes were followed by cryptocurrencies, expected to deliver the highest total returns.

Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, said,

“As the crypto market continues to mature, coupled with growing regulatory certainty, a cross section of institutions are becoming more confident to explore investment opportunities as well as recognizing the disruptive impact of the underlying block chain technology. I have been positively surprised by the rising adoption by global Asset Managers, who clearly recognize the potential of this market.”

Advertisement

Long Way Before Widespread Crypto Investments

The report also suggests that a vast majority of insurers are not considering investing in cryptocurrencies. Insurers based in the U.S. are slightly more interested, with 11% currently invested or considering investing in cryptocurrencies. Interest from Asian insurers, on the other side, stands at 6%, and Europeans insurers at 1%, the Goldman Sachs report said.

A mammoth 94% of the insurance companies said they were not considering investing in cryptocurrencies. While just about 2% have already invested in the asset class, a 4% of the insurers considering investing in crypto.

Meanwhile, Goldman Sachs was on Wednesday in talks with crypto exchange FTX to integrate leveraged derivatives trading. The bank’s collaboration with FTX was said to introduce several benefits including direct futures trading and introducing clients. The benefits also included the bank acting as a connection to the exchange, and providing capital top-ups for clients.

Advertisement

Share
Anvesh Reddy

Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

VanEck Registers Lido Staked Ethereum Trust in Delaware, LDO Up 7%

VanEck has formally registered its VanEck Lido Staked Ethereum ETF in Delaware. If approved, this…

October 3, 2025
  • 24/7 Cryptocurrency News

Fed’s Lorie Logan Urges Caution on Further Rate Cuts Citing Inflation Risks

Federal Reserve Bank of Dallas President Lorie Logan is the latest Fed official to share…

October 3, 2025
  • 24/7 Cryptocurrency News

Nasdaq-Listed Fitell Adds Pump.fun’s PUMP To Supplement Solana Treasury

Australia’s Fitell Corporation has purchased 216.8 million PUMP tokens for $1.5 million. The Nasdaq-listed company…

October 3, 2025
  • 24/7 Cryptocurrency News

FG Nexus to Tokenize Stock on Ethereum as SEC Weighs 24/7 Onchain Stock Trading

FG Nexus has announced that it will allow shareholders to convert common stock into tokenized…

October 2, 2025
  • Bitcoin News

Bitcoin Still Undervalued, JPMorgan Forecasts Rally to $165,000

JPMorgan says Bitcoin (BTC) is undervalued compared to gold and could rise to $165,000, giving…

October 2, 2025
  • 24/7 Cryptocurrency News

Breaking: CME to Launch 24/7 Crypto Futures Trading Amid Rising Institutional Demand

Derivatives exchange CME Group has announced plans to begin offering 247/7  crypto futures and options…

October 2, 2025