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Asian Private Wealth Sees Crypto Boom, Bitcoin Expected to Hit $100K by Year-End

  • 76% of private wealth managers in Asia have ventured into the cryptocurrency space, while another 16% are considering investments.
  • Motivated by the potential for higher returns and diversification benefits, private wealth managers in Asia are making strides into the crypto landscape.
  • Asia is one of the largest crypto economies worldwide, with 10% of on-chain value received between July 2023 and June 2024.
  • While barriers to widespread adoption remain, 30% of surveyed private wealth managers express optimism about increasing their exposure to digital assets in the future.

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