BlockBeats news, on October 17, Cointelegraph cited the latest report released by Aspen Digital showing that Asian private wealth's interest in cryptocurrencies is growing significantly. The survey shows that 76% of Asian private wealth has already been involved in digital assets, and another 18% plan to invest in the future, totaling up to 94%.
The report surveyed 80 family offices and high-net-worth individuals in Asia, and most respondents managed assets between $10 million and $500 million. This is a significant increase compared to only 58% of respondents in 2022.
Among the respondents who have invested in cryptocurrencies, 70% of their portfolios have less than 5% in digital assets. However, some investors have increased their allocation ratio 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 interest in 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.
