A new Goldman Sachs report shows that 26% of family offices are invested in crypto, up from 16% in 2021, while those with no interest in the asset class have grown from 39% to 62%. The report, which surveyed 166 family offices around the world, found that respondents cited their belief in the power of blockchain technology as the top reason for their involvement in the sector.
Family offices in the Asia Pacific region had the highest proportion invested in crypto at 30%, with 27% interested in going forward, while 79% of EMEA family offices said they have no intention of investing in the space. The findings follow a similar report from Brown Brothers Harriman & Co showing that institutions are still investing in crypto funds despite the events of 2022.
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