Hong Kong family offices plan to increase allocations to the crypto and private equity markets.

CoinFeed reported on March 10th, citing Bloomberg, that Hong Kong-based family offices plan to increase their allocation to private equity and digital assets over the next three years. A recent report from the Hong Kong Financial Research Centre (HKIMR), under the Hong Kong Monetary Authority, indicates that wealthy families' interest in unlisted assets such as private equity, private lending, and venture capital is expected to "rise significantly," with digital assets also among the planned increases. This reflects a further shift in family office asset allocation towards the private market and crypto assets.