According to a joint study published, the majority of family offices and high net worth individuals (HNWIs) from Hong Kong and Singapore have turned to digital assets.
shrugged off the market turmoil of the past two years. About 58% of them are investing in digital assets, and 34% are preparing to enter this market.
Of the 30 family offices and HNWIs in the two cities, more than 60% had assets under management ranging from $10 million to $500 million.
Of these, Bitcoin and Ethereum were the most frequently invested assets, while NFTs and DeFi saw the fastest growing interest among respondents.
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