Asia’s rich bet big on crypto: Report
Wealthy Asian families and family offices are showing a growing appetite for cryptocurrency, making it a larger part of their investment portfolios. The move is being fuelled by record-breaking digital asset prices, easier access to trading platforms, and supportive rules in key markets, reported Reuters.
Wealth managers across the region say interest has shifted sharply. A few years ago, investors only wanted a small slice of crypto. Now, many see it as an essential part of a modern portfolio. Demand has risen for not just Bitcoin, but also funds, exchange-traded products, and advanced trading strategies.
Jason Huang, founder of Singapore-based NextGen Digital Venture, said his new crypto equity fund raised over $100 million in just a…
