Family Offices

The Ultra-Rich Are Turning to Crypto After Driving the SPAC Boom

A Goldman Sachs survey found that nearly half the family offices the bank does business with want to add digital currencies to their stable of investments.

     

Photographer: Chris Ratcliffe/Bloomberg
Lock
This article is for subscribers only.

Firms that manage the wealth and personal affairs of rich people are increasingly looking to make bets on crypto.

That’s according to Goldman Sachs Group Inc., which found that nearly half the family offices it does business with want to add digital currencies to their stable of investments.