TechFlow news, October 17 — According to a report by Cointelegraph, Aspen Digital’s latest findings indicate a significant rise in interest in cryptocurrencies among Asian private wealth. The survey reveals that 76% of Asian private wealth has already entered the digital asset space, with another 18% planning future investments—bringing the total to 94%.
The report surveyed 80 family offices and high-net-worth individuals across Asia, most of whom manage assets ranging from $10 million to $500 million. This marks a substantial increase compared to 2022, when only 58% of respondents were involved in digital assets.
Among those who have invested in crypto, 70% allocate less than 5% of their portfolios to digital assets. However, some investors have raised their allocation to over 10% in 2024.
The survey also found growing interest among Asian private wealth in profit opportunities arising from blockchain technology applications. Two-thirds of respondents expressed interest in decentralized finance (DeFi), while 61% showed interest in artificial intelligence and decentralized physical infrastructure networks (DePIN). Additionally, with spot Bitcoin ETFs approved in both the U.S. and Hong Kong, 53% of respondents have gained crypto exposure through funds or ETFs.
