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'They want to win': Australia's richest families are buying up cryptocurrency as digital assets boom

From businessinsider.com.au

Wealthy Australians are increasingly investing their family fortunes in digital assets, as the conservative go unconventional and alternative investments become mainstream. In a world of rock bottom interest rates, money has been flooding into riskier assets as investors go looking for yield and cash in on surging prices. It’s no different for the rich and powerful, who are using family offices – privately held companies used to invest their personal wealth – to direct millions of dollars into cryptocurrencies. Technology investment company DigitalX is seeing the trend firsthand, helping those very offices and trusts ... (full story)

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  • Category: Fundamental Analysis