UBS: Chinese Family Offices Allocate 5% to Crypto Amidst Generational Shift

A new report from UBS reveals an increasing trend of Chinese family offices allocating around 5% of their investment portfolios to cryptocurrencies. This shift reflects generational acceptance and the rise of digital asset awareness in these families. According to the report, younger heirs are driving this change due to their familiarity with technology and willingness to explore new asset classes. These investors are actively engaging in trading on platforms like HashKey Exchange, signaling a significant increase in institutional activity in Asian markets.