The meteoric rise of digital assets, and Bitcoin, in particular, is undeniable. As the pandemic-ravaged world was catapulted into a new way of life at almost every level, the geopolitical environment became increasingly destabilised, global debt reached record highs, the need for increased monetary stimulus grew, and interest rate projections flattened. These events left economists questioning the future of the world’s declining fiat currencies and investors looking for avenues to decrease their reliance on the failing financial system.
In the face of these challenges, some of the world’s savviest institutions and investors have shifted their focus to decentralised finance, further diversifying their portfolios into digital assets as part of their risk mitigation strategies. And one of those primary investments of choice is Bitcoin.
What started as a trend, seems to have settled into the mainstream, and it has not escaped family offices‘ attention. According to Nelson Minier, Head of OTC Sales and Trading at Kraken, “Over the past couple of years, there has been an increased general interest in the market from family offices in crypto assets. This has been due to the increase in money printing, which has distorted the traditional market valuations to historically high levels.”