UBS: More than 35% of U.S. family offices plan to invest in cryptocurrencies

UBS's recent Global Family Office Report states that more than 35% of U.S. family offices plan to increase their exposure to cryptocurrency assets. This investor category is witnessing the largest shift in strategic asset allocation in several years. In addition, 27% of family offices plan to invest exclusively in cryptocurrencies this year. About a quarter said they are looking into DeFi investments, according to the report. Digital exchanges or tokenization platforms were the top investment opportunity for 21% of family offices surveyed.

A related survey by Japanese banking giant Nomura Securities showed that a whopping 96% of professional investors see digital assets as representing an opportunity for investment diversification. This complements traditional asset classes such as fixed income, cash, equities and commodities. early May, BeIn Crypto reported that 32% of family offices are currently investing in digital assets. In addition to cryptocurrencies, family offices are also showing interest in stablecoins, NFT, DeFi and blockchain-focused funds.