Wealthy families in Asia increase their investment in Crypto Assets, with some portfolio allocations reaching 5%.

On August 21, according to reports, wealthy families and family offices in Asia are increasing their investments in crypto assets, primarily driven by bullish expectations for digital assets, enhanced mainstream acceptance, and favourable regulatory developments in key markets.

Wealth management professionals say that the number of consultations they receive has noticeably increased, trading volumes on crypto asset trading platforms have surged, and the demand for crypto asset funds is strong, as high-net-worth Asian investors seek greater exposure.

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

Swiss investment bank UBS stated that some overseas Chinese family offices plan to increase their exposure to Crypto Assets to about 5% of their portfolios.