WEALTH MANAGERS SCRAMBLE TO ADD CRYPTO AS UAE'S ULTRA-RICH DEMAND DIGITAL ASSETS
https://s.yimg.com/ny/api/res/1.2/uq_j9X0XSx1ouCjzDZ2dLw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/coindesk_75/a8607d0628f346a475cd5fafe62e5409
✍️ Traditional wealth management and private banking firms are under pressure to offer digital assets to wealthy clients, particularly in crypto hotspots like Dubai, Switzerland, and Singapore.
👉 39% of wealthy clients in the UAE hold crypto 👉 Only 20% of crypto investors use a traditional wealth manager 👉 Traditional wealth managers are under pressure to offer digital assets 👉 Avaloq is integrating crypto custody hand-holding platforms within financial institutions
-- #AkashAnand #Dubai #Switzerland #Singapore #UAE #HongKong #US #business
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