According to BlockBeats news on August 21, Reuters reported that wealthy Asian families and family offices are increasing their investments in cryptocurrencies, mainly driven by bullish expectations for digital assets, increased mainstream acceptance, and favorable regulatory developments in key markets.
Wealth management professionals have reported a significant increase in inquiries, a surge in trading volumes on cryptocurrency trading platforms, and strong demand for cryptocurrency funds, as high-net-worth Asian investors seek greater exposure.
"We raised over $100 million in just a few months, and the feedback from our limited partners has been very positive," said Jason Huang, founder of NextGen Digital Venture, noting that the limited partners here are mainly high-net-worth individuals.
Swiss investment bank UBS stated that some overseas Chinese family offices plan to increase their cryptocurrency exposure to about 5% of their portfolios.
