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How family offices have bundled up against the chill wind of the 'crypto winter'

Asset owners, private and retail investors are still reeling from the volatile domino effects of the deeply interconnected crypto industry which saw $1.3 trillion of its total market cap wiped out this year.
How family offices have bundled up against the chill wind of the 'crypto winter'
In 2021, the digital assets space appeared to be gaining traction with institutional investors. The value of the cryptocurrency market towards the year’s end exceeded $3 trillion and the Bitcoin price hit its highest all-time value of $68,789 in early November.   However, in May 2022, it was the $40 billion collapse of the Terra Luna stable currency platform that would create a knock-on effect that would trigger the collapse of Singapore-based crypto hedge fund Three Arrows Capita…
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