logo

Reuters: Asia's Wealthy Families Look to Boost Crypto Allocations in Portfolios

By: theblockbeats.news|2025/08/21 11:22:08

BlockBeats News, August 21st, according to Reuters, Asian wealthy families and family offices are increasing their cryptocurrency investments, driven by bullish expectations for digital assets, increased mainstream acceptance, and key market-friendly regulatory developments.

Wealth managers say they have seen a significant increase in inquiries, a surge in cryptocurrency exchange volumes, and strong demand for cryptocurrency funds as high-net-worth Asian investors seek greater exposure.

"We have raised over $100 million in just a few months, and the feedback from limited partners has been very positive," said Jason Huang, Founder of NextGen Digital Venture, where the limited partners are primarily high-net-worth individuals.

Swiss investment bank UBS said some overseas Chinese family offices plan to increase their cryptocurrency exposure to around 5% of their portfolios.

A new address sold $1.5 million worth of ETH and then went long on ETH with 20x leverage.
Starknet has announced the upcoming launch of Bitcoin Staking functionality.

You may also like

Share
copy

Gainers

Latest Crypto News

17:46

Trump Says Fed Chair Should Cut Interest Rates, Reiterates Criticism of Powell

17:15

In the past 24 hours, the entire network liquidated $376 million, with the majority coming from the largest short position

17:15

The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 87.2%.

17:15

Trump: Will Announce New Fed Chair in Early Next Year

17:15

Coinbase International Site to Launch DASH Perpetual Contract Trading

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]