Crypto enthusiasm is fading among ultra-wealthy, Goldman Sachs finds

According to Goldman Sachs’ recent survey of family offices, a majority of them, 62%, are not interested in investing in cryptocurrencies – an increase from 39% in 2021. However, the survey also found that 26% of family offices are currently…

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Goldman Sachs: 26% of Family Offices Invest in Crypto

Family businesses generally feel less interested in cryptocurrency as an investment than other classes of investors, according to a Goldman Sachs report based on surveys of decision makers in several countries.

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32% of Family Offices Invest in Crypto and Digital Assets: Goldman Sachs Study

Goldman Sachs' latest report on Family Office Investment Insights revealed that 32% of family offices are currently investing in digital assets. The post 32% of Family Offices Invest in Crypto and Digital Assets: Goldman Sachs Study appeared first on BeInCrypto.

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BLOCKCHAIN AND CRYPTO FUNDS CONFERENCE IN LIMASSOL, CYPRUS

The first and only global conference focused on blockchain, and crypto funds is going to take place on 22 September in Limassol, Cyprus, Europe. No crypto projects will be presenting. The conference will welcome about 200 participants, mainly investment professionals, Family Offices, Wealth Managers, Bankers, High Net Worth Individuals, and Accredited Individual Investors.

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Stuttgart Stock Exchange Unit Secures BaFin License for Crypto Custody

Among the institutions it expects to make use of the offering are banks, brokers, asset managers and family offices.

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US-based Tykhe Block Ventures Announces First Close of its $30 Million Blockchain Growth Fund

Tykhe Block Ventures, a Venture Capital company based in the USA, has declared the first closing of its Blockchain Growth Fund, which was valued at $30 Million. It is being led by a group of Ultra-High Net Worth Individuals (UHNWIs) and Family Offices working in Southeast Asia and the Middle East. The company has decided […]

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‘It’s Time for Crypto to Put on Big Boy Pants’: 5 Ways TradFi Investors Are Rethinking Crypto in the Wake of FTX

Pension funds, endowments, foundations and large family offices are key to crypto’s future. How do they look at the industry now? Angelo Calvello checks in with 15 asset-owners.

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Crypto Options Market Has Become More 'Interdealer' Since FTX's Blowup: Paradigm

Market makers' share of crypto options trading volume settled through OTC tech platform Paradigm has increased as hedge funds, family offices and high-net worth individuals sit on the fence.

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Family Offices and HNWIs Investing More In Digital Asset Service Providers – Survey

An October 2022 survey report co-authored by KPMG China and Aspen Digital has revealed that the majority of Family Offices (FOs) and High Net Worth Individuals (HNWIs) in Hong Kong and Singapore are investing in digital asset service providers mainly through direct equity, followed by private investment in public tokens. “We have observed that family […]

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The 22nd Edition of World Blockchain Summit is set to take place in Dubai this October

The 22nd global edition World Blockchain Summit will bring together world leading crypto influencers, policymakers, key government delegates, media, family offices, HNIs, and other curated...

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Binance VC Arm Raises $500M To Drive Blockchain And Web3 Adoption

Binance Labs, the venture capital and incubation unit of Binance has completed a $500 million investment funding round. According to a Wednesday, June 1 announcement, the funds were pooled from a list of leading global institutional investors including Breyer Capital, DST Global partners as well as private major equities, family offices, and corporations that contributed […]

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Blockchain.com launches asset management for institutional investors

The new service is reportedly named BCAM and will serve institutions, family offices and high-net-worth individuals.

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Few calls to 'Buy The Dip'... but uber-rich Family Offices are keen on crypto

“Often the crowd unanimously call the dip/bottom earlier than the actual dip and the real bottoms forms when the crowd least expects which is represented by low to no mentions in Buy The Dip,” K J Lanaul wrote.

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Salad Ventures Secures $13.5m in Funding to Build Gamefi Operating System Coined GuildOS

Institutional investors continue to recognize the value of the fast-growing gamified finance sector, with Salad Ventures the latest beneficiary of their largesse. The company has raised $13. 5 million during its private sale round, with several major hedge funds and blockchain-focused family offices participating.

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Asia-Pacific Family Offices Have Higher Appetite for Crypto, 38% Compared to 28% Global Average: Survey

This more willingness to invest in riskier assets has led to 29% of family offices in the region reporting a significant increase in wealth over the last 12 months, more than the global average of 21%.

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Более четверти сверхбогатых семей инвестировали в криптовалюты

Британская консалтинговая компания Campden Wealth в среду, 17 ноября, представила несколько докладов, посвященных инвестициям богатых семей в разных регионах в 2021 году. По их данным, основанных на опросах представителей 385 так называемых семейных офисов (Family Offices), 28% сверхбогатых семей по всему миру уже инвестировали в криптовалюты.

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Here's how crypto-market's 24/7 trading is setting an example

The past couple of years have witnessed the continued growth of institutional investments flowing into the cryptocurrency market. It includes not only hedge funds and family offices but even pension fThe post Here's how crypto-market's 24/7 trading is setting an example appeared first on AMBCrypto.

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World Blockchain Summit Returns to Dubai With In-Person, Live Event

Under the Patronage of The Private Office of His Highness Sheikh Ahmed Bin Faisal Al Qassimi, the 19th global edition of the World Blockchain Summit will bring together some of the world’s leading crypto influencers, policymakers, key government delegates, media, family offices, HNIs, and other curated investors among others to foster the crypto and blockchain community across the globe.

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Large VC Firms and Pension Funds Are Coming in Crypto and Inflating the Valuations: PwC

Cryptocurrency companies are enjoying a rapid rise in valuations thanks to the entry of large investors, according to professional services firm PwC. Big venture capital firms, private equity players, and even pension funds are replacing family offices and boutique firms in these fundraising campaigns of crypto companies, PwC Crypto Leader Henri Arslanian told Bloomberg in […] The post Large VC Firms and Pension Funds Are Coming in Crypto and Inflating the Valuations: PwC first appeared on BitcoinExchangeGuide.

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What percentage of the ultra-rich are investing in Bitcoin

SPACs, or Special Purpose Acquisition Companies, influenced primarily by high net-worth individuals and private family offices, witnessed a shift in its focus on cryptocurrencies at a remarkably high The post What percentage of the ultra-rich are investing in Bitcoin appeared first on AMBCrypto.

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After Steering The SPAC Boom, Mega-Rich Investors Are Now Turning To Bitcoin

After a FAD-filled year for Special Purpose Acquisition Companies (SPACs) driven mainly by high net worth individuals and private family offices, it now seems that the duo is shifting its focus on crypto at a remarkably high proportion.

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50% of Family Offices Interested in Buying Bitcoin

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Goldman Sachs Survey Shows Ultra-Wealthy Families Are Increasingly Looking To Make Bets On Bitcoin

According to a Goldman Sachs survey on their family offices clients, there is growing acceptance and interest in adopting Bitcoin. The prominent investment bank said its survey on 150 ultra-wealthy families, which it deals with globally, revealed that about 15% of them had already invested in cryptocurrencies while another 45% admitted having plans to do […]

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Ultra-Wealthy Warm Up To Bitcoin, 50% Want Exposure According To Goldman Sachs Survey

Per a Bloomberg report, around half of the family offices in business with Goldman Sachs want to invest in Bitcoin and cryptocurrencies. The banking giant conducted a survey with participation from around 150 family offices with a global presence.

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Goldman Sachs Survey Shows Family Offices Are Flocking to Crypto Investments

High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset investments.

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Goldman Sachs Clients Want In on the Cryptocurrency Frenzy

According to a Bloomberg report, the ultra-rich clients of Goldman Sachs are interested in cryptocurrency.   An Ever-growing Interest The news agency quoted a recent survey from the American financial giant, which shows that almost half of the family offices interviewed are keen to add crypto to their investments.

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Goldman Sachs: 45% of the richest people are interested in crypto

Goldman Sachs, a leading American investment bank, recently conducted a study and found that at least 45% of family offices are interested in pumping large sums of money into the crypto market. Per the bank’s findings, 15% of family offices have already invested some of their clients’ funds in digital assets.

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Goldman Sachs Survey Shows 45 Percent of Family Offices Want to Invest in Cryptocurrencies

Rich families still have appetite for cryptocurrencies in spite of the recent crash

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There’s “More Interest in Ether,” says Fidelity Digital Assets President

And they “want to be ahead of that demand,” something also recognized by SkyBridge Capital which has rotated its Bitcoin profits into Ether. Client type is also expanding from hedge funds and family offices previously to now cover retirement advisers and corporations.

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ETH/BTC Continues its Descent as Fees Drops Under $3, ConsenSys Launching MetaMask Institutional

Etehreum’s average fees have dropped lower than Bitcoin’s, while MetaMask Institutional comes as cryptocurrency funds, family offices, and financial institutions “increasingly” seek exposure to DeFi.

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VanEck and BetaShares apply for Aussie crypto ETFs as family offices snap up BTC

Numerous institutional crypto product applications have been lodged as Australians buy more Bitcoin.

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Huobi Subsidiary Launches Bitcoin (BTC) and Ether (ETH) Funds for Institutional Investors

Huobi Asset Management has announced the launch of its bitcoin (BTC), Ether, private equity fund, plus a fund that invests in a basket of cryptoassets. The team says the funds will give institutional investors such as family offices, high net worth individuals, and others, exposure to bitcoin, ether, as well as other cryptos and itRead More

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25% of all Bitcoin was exchanged in this key price range

The past few months have seen billions of dollars worth of Bitcoin shift from the hands of HODLers to newer holders, such as legacy institutions, technology firms, family offices, and fund managers.

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Bitcoin Lending Grew Nearly 12x; Only Accounts for 0.15% of the $20T Total Collateral Market

There is also growing demand for Ether among traditional actors entering crypto lending with ultra-high-net-worth individuals, corporations, traditional hedge funds, and family offices wanting to enter the market looking to generate excess yield on idle cash.

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CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC

The fund is starting out with $20 million in AUM, largely from family offices, and touts lower fees than the Grayscale Bitcoin Trust.

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Growing Number of Clients Bought ETH, But Only A Select Group of VC Funds & Family Offices Investing in DeFi: Coinbase

DeFi remains retail-driven just like the early days of Bitcoin adoption, says Coinbase whose clients are interested in Ethereum’s evolving potential as a store of value and its status as a digital commodity.

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Sir Anthony Ritossa’s 13th Global Family Office Investment Summit Convenes in Dubai as a History-Making Event

Dubai is on center stage once again as 250 prestigious family offices, private investors, Sheikhs, Royal Families and leading businesses from 30+ countries gathered for the 13th...

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Ethereum Fund Inflows Nearly Double Over Last Week as Investors Switch Focus: CoinShares

Last week’s highlight has been Ethereum than Bitcoin as fund flows doubled from $87 million to $160 million, as per CoinShares weekly fund flow report. While Bitcoin has captured institutional investors' attention, high net worth individuals, family offices, and insurance companies, Ethereum is also trying to follow the leading cryptocurrency.

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Buy Bitcoin Ads Pop Up in the UK, Australia, and Other Parts of the World

“… it’s time to buy Bitcoin,” is what one of the many adverts posted in different cities of different countries says. As Bitcoin rallies strongly towards the end of 2020, up 78% in Q4 and 166% YTD, and everyone from retail, institutional investors, high net worth individuals, insurance companies, and family offices take a liking […] The post Buy Bitcoin Ads Pop Up in the UK, Australia, and Other Parts of the World first appeared on BitcoinExchangeGuide.

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What are the world’s best Bitcoin investors saying behind closed doors?

Bitcoin’s rapid institutionalization has raised many eyebrows, around the world. In addition to this, it has also raised the interest and investment of institutional investors, family offices, and HThe post What are the world’s best Bitcoin investors saying behind closed doors? appeared first on AMBCrypto.

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JPMorgan: Institutional Investors Pumping Money Into Bitcoin Over Gold

Smart institutional money prefers bitcoin to gold. Bullish on Bitcoin In a research note published on Friday, JPMorgan analysts noted that an increasing number of institutional investors, including family offices, are considering looking at bitcoin as a legitimate alternative to gold.

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JPMorgan’s Analysis Shows Institutional Investors Moving From Gold ETFs to Bitcoin

JPMorgan has highlighted evidence of institutional demand for bitcoin and investors moving from gold exchange-traded funds (ETFs) to the cryptocurrency. The firm points out that bitcoin demand is driven not only by younger retail investors but also by institutional investors, such as family offices and asset managers.

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Family Offices May Now See Bitcoin as Alternative to Gold: JPMorgan Report

In a research report by JPMorgan’s global markets team, analysts noted that Grayscale Bitcoin Trust’s flow trajectory outperformed gold ETFs.

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Fidelity Investments’ Digital Asset Custody Services Arm Expands to Asia

Fidelity Digital Asset Services has revealed the company is expanding into Asia and plans to help high-net-worth investors and family offices in the region with custodial crypto products. Fidelity is working with the Singaporean startup Stack Funds, a fully-insured custody operation servicing traditional financial institutions.

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U.S. megafund Fidelity targets Asian family offices wanting Bitcoin

US-based Fidelity Investments, a trillion-dollar fund manager with a deep interest in the cryptocurrency market, is targeting rich Asian investors by way of a new partnership with a fund in Singapore, financial publication Bloomberg reported Thursday.

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GDA Group to Introduce Disruptive Technologies to Family Offices & to Hold a Summit in Decentraland

Coinspeaker GDA Group to Introduce Disruptive Technologies to Family Offices & to Hold a Summit in DecentralandThe GDA Group is launching a new Global Family Office Wealth Network to connect families and institutional investors with exponential thinkers.

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GDA Group Launches Initiative to Introduce Disruptive Technologies to Family Offices

The GDA Group, a financial institution focused on disruptive technology, is launching a new Global Family Office Wealth Network to connect families and institutional investors...

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Equos Parent Company, Diginex, Raises $20M Ahead of Planned Nasdaq Listing Later This Month

Diginex, the Hong Kong-based parent company of the cryptocurrency exchange Equos has raised $20 million ahead of its panning listing on the Nasdaq stock market later this month. The funding was raised from a group of private investors through the placement of convertible notes, including family offices in Hong Kong and London, and a hedge […] The post Equos Parent Company, Diginex, Raises M Ahead of Planned Nasdaq Listing Later This Month first appeared on BitcoinExchangeGuide.

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BTCU Team Attends Ritossa’s Global Investment Summit of Family Offices

On July 28-30, Monaco hosted the 11th Global Family Office Investment Summit under the high patronage of His Serene Highness Prince Albert II of Monaco. The Ritossa’s Family Office Summit, organized by Sir Anthony, was recognized as the largest of its kind, bringing together investors with wealth over $ 4.5 trillion. The summit was aimed […]

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