Ocorian: Family offices are embracing digital assets

Ocorian: Family offices are embracing digital assets

Equity Technology

New global research from Ocorian reveals that family offices are increasingly focusing on digital assets.

The study among family members, senior family office employees and intermediaries working for family offices with total wealth of $68.26 billion found that this is a trend which has been building over time.

Over three quarters (78%) say that the level or value of digital assets that they hold has increased over the past five years, with 15% saying it has increased significantly. Around one in five (18%) say that this has stayed the same and just 3% say it’s fallen.

The digital assets trend isn’t showing signs that it will fall out of favour. The global study reveals that almost all (97%) family offices believe digital assets are here to stay compared to just 1% who say that they aren’t.

It is also being supported by the professionals and third-parties who work for family offices. Almost all (96%) of family offices say that their intermediaries are adapting to meet this growing trend in investing in digital assets.