Asia's wealthy investors seek

Asia’s wealthy investors seek more crypto in portfolios

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Asia’s wealthy investors seek Wealthy Asian families and family offices are ramping up their cryptocurrency investments, driven by the bullishness around digital assets, increased mainstream adoption and favourable regulatory developments in key markets.

Wealth managers said they are receiving more enquiries, cryptocurrency exchanges have seen trading volumes surge and crypto funds are in huge demand as high-net-worth Asian investors seek more exposure.
  • Funds receive more enquiries, platform trade volumes surge
  • Some family offices eye crypto exposure around 5% of portfolios
  • Hong Kong stablecoin legislation, U.S. GENIUS Act fuel demand
  • Bitcoin climbs to new high above $124,000 in August
We raised over $100 million in just a few months, and the response from LPs has been encouraging,” said Jason Huang, founder of NextGen Digital Venture, referring to Limited Partners that represent high net-worth individuals.
Huang launched a new long-short crypto equity fund, the Next Generation Fund II, in Singapore in late May, after winding down his first fund last year, which returned 375% in less than two years.
“Our investors – mainly family offices and internet/fintech entrepreneurs, recognise the growing role of digital assets in diversified portfolios,” he said.
Swiss investment bank UBS said some overseas Chinese family offices plan to raise their crypto exposure to around 5% of their portfolios.

“Many second- and third-generation members of family offices are starting to Asia’s wealthy investors seek  learn about and participate in virtual currencies,” said Lu Zhijie, head of wealth management at UBS China.

This growing interest is due to the strong returns cryptocurrencies offer and favorable regulatory developments in the U.S. under President Donald Trump, such as the recently approved Genius Act.

Bitcoin prices have hit record highs this month, surpassing $124,000.

The recent passage of stablecoin legislation in Hong Kong has also fueled crypto enthusiasm.

“There is definitely momentum, and I think it’s a result of the general maturation of this asset class,” said Saad Ahmad, head of Asia Pacific at crypto exchange Gemini.

Wealth managers said Asian clients’ mindset has changed from wanting to make only a small investment in digital currency a few years ago to now considering it an indispensable addition to their portfolios and seeking tools to improve returns.

“Last year, they (family offices) started investing in bitcoin ETFs… now they are starting to understand the difference of holding the tokens directly,” said Zan Quan, chief investment officer at Singapore-based Revo Digital Family Office.

Lighthouse Canton, a Singapore-based wealth manager, said some more sophisticated family offices have started to adopt market-neutral strategies, such as basis trades and arbitrage.

Gisele Lai, associate investment director for digital assets at Fidelity International, said investors are looking at bitcoin as a “portfolio diversifier” to protect against broader uncertainties, as it has a low correlation with stocks and bonds.

Cryptocurrency exchanges have also benefited from rising trading demand.

The number of registered users on Hong Kong’s HashKey exchange will grow 85% year-on-year by August 2025, the company said.

 

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