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Family office interest in cryptocurrencies plummets

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A Goldman Sachs survey shows that more family offices say they are not interested in the crypto asset class than two years ago. Family offices are wealth managers that typically work with high-net-worth individuals and families, and the survey was conducted in January and February, gathering responses from 166 family offices around the world.
Some 26% of family offices have invested in cryptocurrencies, up from 16% in 2021, but those respondents who have not invested and have no interest in entering the space in the future have also grown significantly, up from 39% two years ago, according to the findings. increased to 62%, with respondents who were "likely interested" in the asset class falling from 45% to 12% during the period. Family offices in the Asia-Pacific region (APAC) are 30 percent invested in cryptocurrencies, slightly more than similar firms in the Americas or Europe, the Middle East and Africa (EMEA).
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