32% of family offices across the globe have exposure to Cryptocurrencies: Report
The latest survey conducted by Goldman Sachs confirmed that 26% of the 166 family offices in the Americas, Europe, the Middle East and Africa (EMEA), and Asia-Pacific (APAC) are engaged in crypto-related investment.
Goldman Sachs is an American multinational investment bank and financial services company. This financial firm was founded in 1869 and currently has regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas, and Salt Lake City, and additional offices in other international financial centres. The services of this firm are available in every kind of financial-related sector.
Recently Goldman Sachs surveyed 166 family offices in the Americas, Europe, the Middle East and Africa (EMEA), and Asia-Pacific (APAC) to figure out their real inclination toward the crypto sector.
A similar kind of survey was also conducted by Goldman Sachs in 2021. Survey data findings noted, 2021 data estimated that 16% of the respondents have invested in digital currencies, while the current figures have risen to 26%. In short, we can say crypto adoption surged by nearly 10% among the big family offices, over the last 2 years.
Around 62% of respondents are not interested in the future of cryptocurrencies, while only 12% of people think that cryptocurrencies have a better future.
32% of the crypto survey respondents have some fund investment in crypto, NFTs-related assets. 9% of these investors confirmed that they invested in Crypto assets to gain more diversification in the investment, while 8% of the crypto investors are thinking to get huge returns from their investment in Bitcoin like flagship crypto assets.
30% of the crypto-interested respondents are from the APAC region, while 27% of the family offices who don’t invest in cryptocurrencies are still thinking of getting into crypto in the future.
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