TechFlow News, February 12: According to a CoinDesk report, Nicholas Peach, Head of iShares for BlackRock Asia Pacific, stated at the Consensus Hong Kong conference that allocating just 1% of Asian standard investment portfolios to cryptocurrencies could drive nearly $2 trillion in new capital into the market. He noted that total household wealth in Asia amounts to approximately $108 trillion, and a 1% allocation would inject new capital equivalent to roughly 60% of the current market capitalization.
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