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.