HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
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....
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‘Blockbuster Year for Crypto and Blockchain’
KPMG published a report Monday on investments in the cryptocurrency, blockchain, and fintech space.
Noting that global fintech reached $210 billion last year, the Big Four accounting firm wrote: “We saw growing deal sizes in a....
We’re so early, sure, but Singapore and Hong Kong’s high-net-worth individuals seem to be advancing at a faster pace. That’s according to “Investing in Digital Assets – Family office and high-net worth investor perspectives on digital asset allocation,” a study by KPMG and Aspen Digital. The investments are still modest percentage-wise, but the Singapore and […]