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Almost Half of Family Offices With Goldman Ties Want to Add Crypto Exposure: Report

·1 min read

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

  • A survey conducted by the investment 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.

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