Asia's wealthy investors seek more crypto in portfolios
SummaryFunds receive more enquiries, platform trade volumes surgeSome family offices eye crypto exposure around 5% of portfoliosHong Kong stablecoin legislation, U.S. GENIUS Act fuel demandBitcoin climbs to new high above $124,000 in AugustHONG KONG/SINGAPORE, Aug 21 (Reuters) - Wealthy Asian families and family offices are ramping up their cryptocurrency investments, driven by the bullishness around digital assets, increased mainstream adoption and favourable regulatory developments in key markets.Wealth managers said they are receiving more enquiries, cryptocurrency exchanges have seen trading volumes surge and crypto funds are in huge demand as high-net-worth Asian investors seek more exposure."We raised over $100 million in just a few months, and the response from LPs has been encourag
