KPMG & Aspen Digital Study Reveals Wealthy Asian Investors Are Keen On Crypto
Source: AdobeStock / kaew6566 “Big four” accounting firm KPMG and technology and financial services company Aspen Digital found that family offices (FO) and high-net-worth individuals (HNWIs) in Hong Kong and Singapore "have embraced" the digital asset class, with more than 90% of survey respondents having already invested in the space or planning to do so. Per KPMG China’s Partner Paul McSheaffrey and Aspen Digital’s CEO Yang He, the companies aimed to gain insights into the current activity of these two groups and their plans for future investment in the market. The report they produced is based on a survey of 30 FOs and HNWIs in Hong Kong and Singapore, carried out in the second quarter of 2022, as well as interviews with industry stakeholders. The report found that nearly all respondents are interested in the sector, with a "particular interest" in crypto. It stated that, "Despite the volatility in the digital asset market in the past