Hong Kong's new crypto regs are attracting interest of family offices

Hong Kong's new licensing regime, which allows retail investors to trade cryptocurrencies with large market capitalizations and high liquidity, such as bitcoin and ether, is attracting the interest of family offices. Previously, only professional investors could trade on the exchanges, reports Asian Investor.

Zee Kwan, the chief investment officer and managing partner of the Revo Digital Family Office, said the new license is a "game-changer for the ecosystem," adding, "The investors' comfort that comes along with regulatory clarity is where they could see the most value in Hong Kong's virtual asset regime."

Family offices in Asia are particularly active in the sector, allocating 1% to 5% of their portfolios in digital assets — through direct investments, options, and structured products and digital asset funds.