New global research from Ocorian, an international provider specialized in services for high-net-worth individuals, family offices, financial institutions, asset managers, and corporates, reveals that family offices are increasingly focusing their attention on digital assets.
The study, conducted among family members, senior family office employees, and intermediaries working for family offices with total assets under management of 68.26 billion dollars, found that this is a trend that has been growing over time. More than three-quarters (78%) state that the level or value of the digital assets they hold has increased over the last five years, with 15% noting a significant increase. Approximately one in five (18%) indicates that it has remained the same, and only 3% assert that it has decreased.
The trend toward digital assets shows no signs of losing momentum. The global study reveals that nearly all (97%) family offices believe that digital assets are here to stay, compared to just 1% who hold the opposite view.
This trend is also being supported by the professionals and third parties working for family offices. Nearly all (96%) family offices state that their intermediaries are adapting to respond to this growing interest in digital asset investment. “Investment in digital assets has grown exponentially in recent years, and our research shows there are no signs of it slowing down. In addition to the forecasts from family offices themselves indicating that this trend will continue, professionals and intermediaries are adapting and shifting to ensure they offer the most innovative and comprehensive services to support family offices in their investments in crypto-assets and other digital assets,” explains Leevyn Isabel, Commercial Director – Middle East at Ocorian.
