COINOTAG News (Aug. 21), citing Reuters, reports that wealthy Asian families and family offices are expanding their cryptocurrency investments, driven by bullish market sentiment, broader mainstream adoption and recent market-friendly regulatory shifts. Wealth managers note a discernible uptick in client inquiries and higher cryptocurrency exchange volumes.
Institutional demand for dedicated cryptocurrency funds has risen as high-net-worth investors pursue calibrated exposure. Firms in the sector have experienced accelerated fundraising activity; NextGen Digital Venture’s founder, Jason Huang, is reported to have raised over $100 million from limited partners composed largely of high-net-worth individuals.
Swiss bank UBS has indicated that some overseas Chinese family offices are considering allocations of approximately 5% to digital assets, highlighting growing institutional interest while underscoring the importance of portfolio governance and robust risk controls.