Bloomberg: Multiple Hong Kong Family Offices Plan to Increase Exposure to Crypto Assets and Private Markets

BlockBeats News, March 10th, according to Bloomberg, many Hong Kong-based family offices plan to increase their allocation to private equity and digital assets over the next three years.

The Hong Kong Institute for Monetary and Financial Research (HKIMR) wrote in a report on Tuesday that the interest of wealthy families in these assets is expected to "rise significantly," including private credit and venture capital.

Hong Kong has been actively encouraging more high-net-worth individuals and their families to anchor their investments locally, aiming to become a link between the mainland and global markets. According to a survey commissioned by the Hong Kong government and conducted by Deloitte (released last month), as of the end of last year, the number of single-family offices based in this financial center has increased to 3384, a 25% growth from 2023.