Crypto demand continues to be on the rise amongst the ultra-wealthy in Asia, with Raffles Family Office rolling out its own digital asset platform.
Raffles Family Office is launching a consolidated wealth management platform called Revo Digital Family Office (DFO) that allows ultra-high net worth (UHNW) families to access and invest in digital assets – according to a statement issued Thursday.
«The growing interest in digital assets shown by UHNW investors in Asia presents new opportunities for the wealth management industry, but it is at risk of being overlooked and underserved,» said Revo DFO chief executive Ray Tam.
One-Stop Solution
The platform aims to become a one-stop solution offering aggregator, independent asset management, gatekeeper, and private wealth advisory services to UHNW families with traditional assets as well as crypto-native investors.
It was built based on the Raffles Family Office’s own expertise alongside the technology and know-how of Hong Kong-listed crypto firm Huobi Technology Holdings. Assets that will be supported include cryptocurrencies as well as digital asset funds.
«[The platform] also provides crypto-native UHNWs an easier path to traditional asset management, with access to relationship managers and improved succession planning for the next generation,» Tam added.
