Wealthy Asians Enter Crypto World, Is This The Trump Effect?
The post Wealthy Asians Enter Crypto World, Is This The Trump Effect? appeared first on Coinpedia Fintech News
Driven by the bullishness and mainstream adoption of digital assets across the world, wealthy Asian families and investment offices are stepping up their crypto game. Countries like South Korea, Hong Kong, Japan, and India have enhanced their regulatory framework to support crypto adoption.
Crypto Trading Volume Surges in Asia
Asian crypto trading platforms have reported high trading volume as wealthy Asian investors seek more crypto exposure. Jason Huang, founder of NextGen Digital Venture, confirmed this fact. He said his investors are mainly Asian family offices and fintech entrepreneurs, who recognize the growing role of digital assets in diversified portfolios.
“We raised over $100 million in just a few months, and the response from LPs has been encouraging,” said Huang , referring to Limited Partners that represent high-net-worth individuals.
In late May, he launched a new long-short crypto equity fund, the Next Generation Fund II, which returned 375% in less than two years.
At the same time, Swiss Bank UBS says a number of Chinese family offices are planning to increase their crypto holdings to about 5%. “Many second- and third-generation family members are taking active steps to understand and invest in virtual currencies,” said Lu Zijie, head of wealth management at UBS China.
What Pushed Crypto Surge in Asia?
2025 has been a crucial year for cryptocurrency and other digital assets. Inspired by the United States’ innovative crypto regulatory movements under President Trump’s leadership, many countries across Asia have adopted crypto.
Hong Kong expanded its digital assets space with the Stablecoin Bill, virtual asset trading platform (VATP) license, and other laws. This boosted the Hong Kong-based crypto exchange, HashKey’s registered users’ engagement by 85% over the past year.
While Hong Kong expanded its crypto space, South Korea enhanced its regulatory framework with more transparency and safety measures for investors. The country’s proactive stance on crypto has resulted in a 17% rise in the three biggest platforms, according to data from firm CryptoQuant.
Moreover, India is also likely to establish a robust crypto framework. Purushottam Anand, advocate and founder of Crypto Legal, a blockchain and crypto-focused law firm, recently told the Economic Times , “Considering the G20 Synthesis Paper, Finance Track Communique, and the recent Parliamentary Standing Committee on Finance announcement selecting VDAs for a detailed examination this year, it is likely that the government will introduce a comprehensive VDA regulation.”
“India has consistently emphasised that regulation or banning can be effective only with significant international collaboration,” he added.
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