Almost Half of Family Offices With Goldman Ties Want to Add Crypto Exposure: Report
A Goldman Sachs survey of family offices found that 15% already invest in cryptocurrencies and another 45% are interested.
Jul 22, 2021 at 9:26 a.m. UTCUpdated Aug 21, 2021 at 6:39 p.m. UTC
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Almost half of family offices that do business Goldman Sachs want exposure to cryptocurrencies, Bloomberg said.
- A survey conducted by the investment bank found that 45% of family offices are interested in investing in cryptocurrencies, Bloomberg reported Wednesday.
- A further 15% of the more than 150 that responded already do so.
- They see the crypto industry as a hedge against “higher inflation, prolonged low rates and other macroeconomic developments following a year of unprecedented global monetary and fiscal stimulus,” according to the report.
- Family offices are investment firms that provide services for very wealthy people.
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