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Family offices downgrade ESG in hunt for crypto returns

Many investment offices of wealthy families are more concerned with making money from cryptocurrencies than fretting about their environmental impact.
Family offices downgrade ESG in hunt for crypto returns
As cryptocurrencies continue to gain demand, asset owners are slowly weighing their best approaches to build exposure to them. For many, this requires a mixture of assessing their inherent volatility, plus their sizeable environmental impact. However, some institutional investors are focusing more on the innovation and investment potential of cryptocurrencies, even if the assets are not environmentally friendly. Family offices, particularly the younger generation of high-…
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