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DealStreetAsia

Asian family offices ramp up digital asset game

Liquid strategies take center stage among region's rich

Bitcoin symbols and an advertisement at a Mass Transit Railway station in Hong Kong in 2021. Wealth managers say family offices in Asia are ready to put more funds into digital assets.   © Reuters

HONG KONG -- Asia's family offices (FOs) are looking to ramp up allocation toward digital assets as liquid strategies garner significant attention among affluent individuals and families in the region, according to wealth managers.

"What we are observing is a trend where family offices already invested in the industry are planning to increase their allocations," Zann Kwan, managing partner and chief investment officer for Revo Digital Family Office, told DealStreetAsia in an email interview. "Those who have been on the sidelines are showing an increased interest in understanding how allocating to digital assets can potentially reduce portfolio risk or enhance their real returns."

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