Asian Family Offices Seek to Supercharge Crypto Investments
Asian family offices are gearing up for higher investments in cryptocurrencies, as Bitcoin extends an uptrend streak.
DealStreetAsia reported on Monday that wealth managers found offices that are already invested in crypto intend to dive even deeper.
Revo Digital Family Office’s Zane Kwan told the outlet about growing curiosity among previously hesitant investors. These people are now exploring how crypto allocations could mitigate portfolio risk or boost returns.
Family office crypto exposures wouldn’t be limited to direct investments. They would extend to diverse channels like crypto funds, structured products, and even private equity ventures.
With allocations ranging from 1% to 5%, Asian family offices are leading the charge in diversified crypto exposure, employing direct investments, options, structured products, and dedicated funds.
Favorable regulations in select Asian hubs like Singapore and Hong Kong are further fueling the interest and investment appetite for cryptocurrencies.
Brian Chan of Venture Smart highlighted crypto hedge funds as the most attractive strategy. This shows growing family office interest in active management within the crypto space.
Asian elites jumped into direct token purchases during the previous crypto boom, lured by the potential for astronomical gains.
But having learned from the “get rich quick” mentality of the past, these offices are now trying smarter allocation strategies and more realistic expectations.
Chan highlighted a change in mindset. He said investors now acknowledge that long-term crypto investment necessitates closer attention to regulations and infrastructure. This would build a strong foundation for the entire ecosystem.
Further, wealth managers predict the upcoming Bitcoin
