Asian Family Offices Increase Crypto Bets Amid Rising Adoption

Asian family offices crypto allocations are rising as wealthy families ramp up exposure, spurred by bullish sentiment, record bitcoin highs, favourable regulation, and mainstream adoption. Wealth managers reported growing client enquiries, with crypto funds, exchanges, and long-short equity vehicles in Singapore and Hong Kong seeing demand. UBS said some overseas Chinese family offices intend to raise crypto holdings to 5% of portfolios, with younger generations driving interest. New funds, such as NextGen Digital Venture’s Singapore-based Next Generation Fund II, quickly raised capital, showing a shift toward crypto as a core portfolio allocation. Recent regulatory approvals in the US and Hong Kong further boosted momentum.