Crypto Investing for Family Offices: A Guide
33% of family office professionals are actively investing in cryptocurrencies and may increase holdings. But others may be lukewarm on what can seem like a volatile market. That’s why Justin Huang, Director at Wingspan, authored this guide to crypto investing in Family Office Pro that outlines the different relevant vehicles for family offices: ETFs, direct ownership through OTC desk/exchanges, crypto funds, or publicly traded crypto companies.
What type of vehicle should a family office invest in? It depends on their prior experience with crypto, appetite for risk, and bandwidth for due diligence around investments, says Justin. “For family offices that are considering adding cryptocurrency exposure to their Investment policy statement, there should be extra emphasis on doing due diligence on all aspects of an opportunity… Remember, just because Tom Brady endorses a crypto company, it doesn’t mean that it is guaranteed to be safe.”
Read more in Family Office Pro.
For more content, check out Wingspan Insights.
