Almost half of family offices that do business with Goldman Sachs want exposure to cryptocurrencies, Bloomberg said.

A survey conducted by the 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.

Related Stories

CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC

By

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.