Report: 94% of Asian private wealth-related respondents have invested or plan to invest in cryptocurrencies

A new report from Hong Kong-based wealth management platform Aspen Digital estimates that 76% of Asia's private wealth sector has already dabbled in digital assets, with another 18% planning to invest in the future. The report notes that interest in digital assets in Asia's private wealth sector has grown since the survey was conducted in 2022. At that time, only 58% of respondents had entered the digital asset field. The report surveyed 80 family offices and high-net-worth individuals in Asia, most of whom managed assets between $10 million and $500 million. Among respondents who have already invested in cryptocurrencies, 70% allocate less than 5% of their portfolios to digital assets, with some increasing their allocations to more than 10% in 2024. (Cointelegraph)