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26% Of Family Offices Invest In Crypto

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26% Of Family Offices Invest In Crypto

In a recent survey, Goldman Sachs discovered that 32% of global family offices have exposure to digital assets, NFTs, or DeFi, while 26% have specifically invested in cryptocurrencies.

According to the findings of the 2021 study, only 16% of asset management businesses were HODLers.

Goldman Sachs visited 166 family offices across the Americas, Europe, the Middle East and Africa (EMEA), and Asia-Pacific (APAC) to find out how their investing strategy has changed in recent years.

“Within the digital-asset ecosystem, family offices have become more decisive about cryptocurrencies: the proportion that is invested has risen from 16% in 2021 to 26%. However, the proportion that is not invested and not interested in the future has risen from 39% to 62%, and those that are potentially interested in the future has fallen from 45% to 12%.”

Goldman Sachs further revealed that 32% of the participants currently have some exposure to digital assets including cryptocurrencies, stablecoins, non-fungible tokens, decentralized finance, and blockchain-related funds.

(With inputs from Shikha Singh)

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