#Tiger21 , a network of wealthy investors with a total portfolio worth $200 billion, has allocated $6 billion to invest in cryptocurrencies, accounting for about 1-3% of their portfolio. This is a sign that the ultra-rich are increasingly interested in crypto as a long-term store of value.
Bitcoin - the 'gold' of the new era?
In an interview with CNBC on February 5, Michael Sonnenfeldt, the founder and chairman of Tiger21, emphasized that Bitcoin is increasingly resembling gold, as both are assets that do not depend on government monetary policy.
According to him, Bitcoin is an important store of value, especially for countries with unstable economies like #argentina and Lebanon. Some Tiger21 members have even gone 'all in' on crypto, placing great trust in the long-term potential of this market.
Tiger21 - the powerful investment network
Tiger21 is an organization exclusively for investors, entrepreneurs, and executives with substantial wealth, with the membership requirement being at least $20 million in investable assets.
Founded in 1999, Tiger21 has now expanded to 53 cities worldwide with over 1,600 members, becoming one of the most influential networks of private investors in the world.
Tiger21's investment portfolio focuses on high-risk assets but with significant potential returns:
✅ 80% of capital is allocated to real estate and private equity.
✅ The cash holding ratio is below 10%, the lowest in 17 years, indicating they are heavily betting on investment channels rather than holding cash.
The crypto market is volatile but full of opportunities
Currently, the crypto market capitalization has recovered to $3.3 trillion, after losing $400 billion at the beginning of February due to trade tensions between the US, Mexico, Canada, and China.
A notable development is that #bitcoindominance (the proportion of Bitcoin in total market capitalization) has decreased to 61.42%, after peaking at nearly 63% on February 3. This could create opportunities for altcoins to gain additional market share and attract cash flow from investors.
Conclusion
Tiger21's involvement shows that crypto is no longer just the playground of retail investors, but is gradually becoming a choice for the ultra-rich. With this huge cash flow, Bitcoin and the cryptocurrency market could continue to experience strong growth in the future.