Swiss wealth-management giant UBS said some overseas Chinese family offices intend to raise their exposure to Bitcoin and other digital assets to about 5% of their portfolios, underscoring a broad pickup in cryptocurrency demand among Asia’s richest investors. The move forms part of a wider regional trend, Reuters reported, with wealth managers in Hong Kong and Singapore fielding more enquiries and crypto funds attracting strong inflows. Singapore-based NextGen Digital Venture, for instance, collected more than $100 million for a new long-short crypto equity fund within months. Trading activity is rising in tandem. Hong Kong’s HashKey Exchange said registered users have grown 85% from a year earlier, while total volumes at South Korea’s three largest exchanges are 17% higher so far in 2025 versus the same period of 2024. Advisers cite recent regulatory tailwinds—including Hong Kong’s passage of a stablecoin bill and the United States’ GENIUS Act—as well as Bitcoin’s climb past $124,000 this month, for fuelling appetite. Wealth managers say many second- and third-generation family-office principals now view digital assets as a necessary portfolio diversifier rather than an experimental bet.