Discover how FINTRX empowers its customers to map, access and sell into the complex and fragmented world of Family Offices and Registered Investment Advisors.
NEWS AND INSIGHTS FROM FINTRX
Globally, a percentage of single-family offices are becoming more involved in cryptocurrency investments, with a growing number of family offices investing in blockchain technology companies. According to Miguel Forbes, co-founder of Forbes.com and an international investor, “For sophisticated and astute investors, there are tremendous opportunities to profit by investing in… cryptocurrencies. Family offices… tend to diversify, and some of them are incorporating a variety of cryptocurrencies in their portfolios.”
Single-family offices are both investing in and trading cryptocurrencies. “I’m seeing a few very large single-family offices actively trading cryptocurrencies [alongside] other investments,” says Peter Sasaki, managing member of CGS Associates. "They set up a desk and integrate it into their larger trading operation. Their objective is to capitalize on the changes in the movements of various cryptocurrencies, which is why all the volatility works for them."
"Family offices trading and investing in cryptocurrencies can result in substantial profits," says Angelo Robles, founder and CEO of the Family Office Association, and a FINTRX client. "At the same time, rarely will single-family offices without expertise in the field consider cryptocurrency investments. This is generally characteristic of how a great majority of single-family offices approach investing. They tend to focus on what they understand and do well, which is why their performance numbers are often so good."
It’s too soon to say now whether cryptocurrency is all hype, or whether it’ll actually make a significant impact on the flow of global capital in the future. Family offices, however, are taking advantage of this niche and tapping into it at the moment.
FINTRX provides comprehensive data intelligence on 850,000+ family office & investment advisor records, each designed to help you identify, access and map the private wealth ecosystem. Explore in-depth dossiers on each family office & investment advisor. Access AUM, source of wealth, investment criteria, previous investment history, sectors & industries of interest, and advisor growth signals, among other key data points.
Additionally, FINTRX provides insight and expansive contact information on 850,000+ decision-makers, featuring job titles, direct email addresses, phone numbers, common connections, alma maters, past employment history, brief bios & much more.
To see a glimpse of the technology and how we could help streamline your prospecting processes, please request a demo below.
For more practical family office insights and best practices, visit the FINTRX 'Resource Library'.
February 20, 2018
Kathleen Leahy joins the Cap Hedge Ventures team with a focus on the FINTRX Platform. As an Account Executive, Kathleen handles a myriad of FINTRX related tasks: client oversight, business development, data management and new user due diligence. Kathleen earned her degree of, Bachelor of Science in Criminal Justice from Bridgewater StateUniversity.