- A new report from Aspen Digital has revealed that a growing number of private wealth managers in Asia are entering the cryptocurrency market, with some predicting that Bitcoin (BTC) could hit $100,000 by the end of the year.

Digital assets are becoming an alternative investment class for private wealth in Asia, with 76% of family offices and high-net-worth individuals investing in cryptocurrencies, and 16% planning to do so in the future.

Most respondents cited high returns as their primary motivation, while a growing number cited diversification and inflation hedging as key drivers for investing in digital assets, according to the report shared with CoinDesk.

Decentralized finance (DeFi) remains a key area of ​​interest, with 67% of respondents expressing interest in its development, followed by 61% in artificial intelligence and decentralized physical infrastructure (DePin), 50% in blockchain infrastructure, and 47% in real-world asset tokenization (RWA).

“We believe that every asset class will eventually migrate to blockchain, leveraging the competitive advantages these technologies offer, representing a huge growth potential for DeFi,” Re7 Capital’s report noted. “Currently, around 85 million users interact with financial services on the network, and we expect this number to exceed 200 million by the end of 2025.”"