Study Finds Nearly 60% of Hong Kong and Singapore's Super Rich Have Invested in Digital Assets – Featured Bitcoin News

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Study Finds Nearly 60% of Hong Kong and Singapore's Super Rich Have Invested in Digital Assets – Featured Bitcoin News
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Besides holding BTC and ETH, the study found the two regions’ super-rich had also shown increased interest in non-fungible tokens. nfts defi

, the study found the two regions’ super-rich have also shown increased interest in non-fungible tokens and decentralized finance products. Commenting on the study’s findings, jointly published by KPMG China and Aspen Digital, the latter firm’s CEO Yang He said:

NFTs have seen an explosion in interest since 2021, while the interest in Defi began in 2020 and remains interesting., among the 30 family offices and HNWIs that participated in the study, more than 60% had assets under management that ranged between $10 million and $500 million. As noted in the report, the two regions’ super-rich were not dissuaded from investing in crypto assets by the market’s downturn.

“For HNWIs and family offices, there is [a] real possibility of a big upside, so they may think why not stick 2 or 3 per cent of my portfolio in that and see what happens,” McSheaffrey said.

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