Deep Trend TechFlow News, on October 17, according to Cointelegraph, the latest report released by Aspen Digital shows that the interest of Asian private wealth in cryptocurrencies is growing significantly. The survey shows that 76% of Asia’s private wealth is already involved in digital assets, with another 18% planning to invest in the future, for a total of 94%.
The report surveyed 80 family offices and high-net-worth individuals in Asia, with most respondents managing assets between $10 million and $500 million. This is a significant increase from 2022, when only 58% of respondents were involved in digital assets.
Among respondents who have invested in cryptocurrencies, 70% have less than 5% of their portfolios in digital assets. However, some investors have increased their allocation to more than 10% in 2024.
The survey also found that Asian private wealth is increasingly interested in the profit opportunities brought by the application of blockchain technology. Two-thirds of respondents expressed interest in decentralized finance (DeFi), and 61% expressed concern about artificial intelligence and decentralized physical infrastructure networks (DePIN). In addition, with the approval of spot Bitcoin ETFs in the United States and Hong Kong, 53% of respondents have gained cryptocurrency exposure through funds or ETFs.