A survey conducted by Goldman Sachs found that nearly half of their family office clients want to add cryptocurrency to their portfolios, signaling that the ultra-rich are becoming increasingly optimistic about digital assets.
The survey looked at more than 150 family offices around the world and found that 15% are already exposed to cryptographic assets.
Another 45 percent of offices expressed interest in investing in the asset class as a hedge against "higher inflation, prolonged low rates and other macroeconomic developments after an unprecedented year of global monetary and fiscal stimulus."
However, other respondents cited concerns about long-term volatility and uncertainty around the price of cryptocurrencies as justification for their aversion to the asset class.
Approximately 67% of surveyed companies manage more than $1 billion in assets, of which 22% have assets under management in excess of $5 billion.
According to Goldman Sachs, the majority of the company's family office customers have expressed interest in the "digital asset ecosystem," adding that many customers believe blockchain technology "will have as much impact as the Internet in terms of efficiency and business prospects. productivity. "