58% Of HK and Singapore’s Wealthy Individuals Already Own Crypto, Study Shows
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 […]
Related News
94% of wealthy crypto entrepreneurs have made their wealth purely on their own, a new report suggests. Self-made wealthy individuals worldwide appear more likely to invest in cryptocurrencies like Bitcoin (BTC) as opposed to those who hold more of inherited wealth, a new survey suggests.Wealth-X, a research startup focused on wealth information, released on Thursday a new report on the peculiarities of crypto investments made by wealthy people worldwide.This report is devoted to wealthy individuals with a net worth of $5 million and more, including those who are professionally involved in....
According to a study jointly published by KPMG China and Aspen Digital, about 58% of Singapore and Hong Kong’s family offices and high-net-worth individuals have invested in digital assets. Reports suggest the info shows the crypto market downturn has not diminished the super-rich’s interest in digital assets, and is unlikely to dissuade them from increasing their holdings of these assets. Singapore and Hong Kong’s Super-Rich Increasingly Interested in NFTs Nearly 60% of family offices and high-net-worth individuals (HNWI) from Hong Kong and Singapore have invested in....
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....
Cryptocurrencies play a major part in wealthy people’s way of life. A recent survey reveals that global high-rollers are spending more than ever on cryptocurrency, which has become “an integral aspect” of the investing portfolios of wealthy individuals. According to the World Wealth Report published by Capgemini, a technology consulting firm, the number of high […]
A new study suggests that 'millennials' and more affluent consumers see the most promise in digital currencies like bitcoin. The research further suggests that these groups could be the driving force behind mainstream adoption of the digital currency in the future. Data from technology research firm Accenture collected insights into the digital payment preferences of more than 4,000 US citizens, and found that while only 8% of participants currently use digital currency, 18% foresee using the technology by the year 2020. Individuals in the millennial generation - corresponding roughly to....