According to survey Goldman Sachs, in 2023, the number of “potentially interested” in cryptocurrency family offices decreased from 45% to 12%.
166 organizations participated in the survey. Family offices are wealth management organizations that work with wealthy individuals.
In total, approximately 26% of firms invest in cryptocurrencies, up from 16% in 2021. However, the number of those who are not interested in this asset class also rose from 39% to 62%.
The main reason for investing in the crypto sector, including stablecoins and NFTs, was cited by respondents as “belief in the power of blockchain technology.”
The most negatively minded region was EMEA. Only 16% of family offices have invested in cryptocurrency, while 79% do not intend to do so.
The share of family offices in the Asia-Pacific region working with digital assets has reached 30%. The other 27% only plan to join this area in the future, and 43% are not interested.
Recall that an April study by Pew Research Center showed that two-thirds of Americans are distrustful of cryptocurrencies due to the banking crisis and regulatory problems.
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Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
According to survey Goldman Sachs, in 2023, the number of “potentially interested” in cryptocurrency family offices decreased from 45% to 12%.
166 organizations participated in the survey. Family offices are wealth management organizations that work with wealthy individuals.
In total, approximately 26% of firms invest in cryptocurrencies, up from 16% in 2021. However, the number of those who are not interested in this asset class also rose from 39% to 62%.
The main reason for investing in the crypto sector, including stablecoins and NFTs, was cited by respondents as “belief in the power of blockchain technology.”
The most negatively minded region was EMEA. Only 16% of family offices have invested in cryptocurrency, while 79% do not intend to do so.
The share of family offices in the Asia-Pacific region working with digital assets has reached 30%. The other 27% only plan to join this area in the future, and 43% are not interested.
Recall that an April study by Pew Research Center showed that two-thirds of Americans are distrustful of cryptocurrencies due to the banking crisis and regulatory problems.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
