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Overseas Chinese family offices are now planning crypto exposure of around 5% of their total portfolios—a significant commitment that signals institutional-grade confidence in digital assets, UBS (NYSE:UBS) reports.

Forget the cautious toe-dipping of previous years. Asia’s wealthiest families are now treating cryptocurrency not as a speculative side bet, but as an essential portfolio component—and they’re backing up that conviction with serious money.

The shift represents a dramatic evolution from the tentative approach wealthy Asian investors took just a few years ago, when small allocations to digital currencies…