Family Offices See Legitimacy in Securitized Bitcoin Investments
Investors with over $1tn in assets under management gathered at an event last night to judge if bitcoin is ready to be recognized as a mainstream asset class. Onstage, the event looked like countless other bitcoin demo days, but it was what transpired between the panelists and the audience of 110 estimated family offices investors, hedge fund investors and private equity firms that gave it a decidedly different twist. Myles Edwards, who represents ultra-high net-worth individuals and co-founded the New York Family Office Private Funds Roundtable, said his firm organized the event to learn....
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High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset investments. A Goldman Sachs executive further said that a large portion of the company’s family office clients are asking about blockchain and cryptocurrency technologies. Following the SPAC Boom, Family Offices Target Crypto Investments A recent report from Bloomberg suggests that the ultra-rich families of the world are interested in blockchain and crypto-asset....
Single-family offices are investing in bitcoin as a way to diversify portfolios, according to Angelo Robles, founder and CEO of the Family Office Association, reported Russ Alan Prince, a contributor to Forbes who writes on wealth management. Single family offices are following hedge fund investors and institutional players in looking to bitcoin for asset diversification. Prince, president of R.A. Prince & Associates, is one of several wealth management experts who has noted more people are considering bitcoin as a way to diversify investment portfolios. Bitcoin’s Benefits. Bitcoin is....
Per a Bloomberg report, around half of the family offices in business with Goldman Sachs want to invest in Bitcoin and cryptocurrencies. The banking giant conducted a survey with participation from around 150 family offices with a global presence. Data provided by Goldman Sachs revealed that 15% of the participants already have exposure to Bitcoin […]
Despite the ongoing bear market, family offices and high-net-worth individuals in Hong Kong and Singapore are keen to invest in crypto or already have holdings. Hong Kong and Singapore’s wealthy elite appear to be looking at digital assets with fervor, after a new report from KPMG suggesting over 90% of family offices and high-net-worth individuals (HNWI) are interested in investing in the digital assets space or have already done so. According to an Oct. 24 report from KPMG China and Aspen Digital titled “Investing in Digital Assets,” as much as 58% of family offices and HNWI of....
15% of Goldman Sachs’ family office clients have already purchased digital assets. A survey conducted by major investment bank Goldman Sachs has found that close to half of its family office clients want to add cryptocurrency to their portfolios, signaling the ultra-wealthy are becoming increasingly bullish on digital assets.The survey, reported by Bloomberg, queried more than 150 family offices worldwide and found that 15% are already exposed to crypto assets.A further 45% of offices expressed interest in investing in the asset class as a hedge against “higher inflation, prolonged low....