Family offices back NFTs, digital wallets as Web3 develops
Despite a volatile period for technology investments in 2023, some single-family offices based in Hong Kong and Singapore are committed to investing in Web 3.0, albeit with caution.
After a difficult 2022 for crypto assets, some investors remain committed to investment in blockchain technology, powered by a belief in the promise of Web 3.0, the idea of a new, decentralised internet powered by blockchains.
Built on networks of distributed ledgers controlled by participants, Web3 promises a new model for the internet, where community-operated networks take charge.
Some family offices believe non-fungible tokens and digital wallets will play crucial role in We…
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