Over 90% of Investors in Singapore and Hong Kong Interested in Crypto: KPMG
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The vast majority of high-net worth investors in Singapore and Hong Kong have already invested or planing to do so, KPMG China has learned, citing the results of its survey among 30 family offices (FOs) and high-net worth individuals (HNWIs) based in Hong Kong and Singapore in Q2, 2022.

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According to the document, 92% of FOs and HNWIs are interested in cryptocurrencies. So far, 58% of them have already invested, while 34% plan to do so. Investors say that the main reason for investing is the huge upside potential, as volatility may "have an impact on expectations."

Hong Kong Weighs Giving Retail Investors Access to Crypto

They also say the arrival of mainstream institutional investors to the market has given them "more confidence about the sector." However, the allocation of crypto in among big investors remains insignificant, as most of them have allocated less than 5% of their portfolios.

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