Few family offices are still in “wait and see” mode when it comes to cryptocurrencies. Goldman Sachs’ Family Office Investment Insights report, Eyes on the Horizon, says that a minority of family offices are invested in cryptocurrencies — and that number is not expected to grow substantially.
- The proportion of family offices invested in cryptocurrencies rose from 16% in 2021 to 26% in 2023.
- However, the proportion that are not invested and are not interested in investing in them rose from 39% to 62% during that same time.
- The proportion of family offices that said they were considering future cryptocurrency investments fell from 45% to 12%.
More broadly, the report found that almost one-third of family offices currently invest in digital assets, which include cryptocurrencies as well as blockchain technology, non-fungible tokens (NFTs), and blockchain-focused funds.
The report is based on a survey of more than 150 global family offices conducted earlier this year.
