A report published by RBC and Campden Wealth estimates that roughly a third of North American family offices invest in crypto—typically at less than 1% of their portfolios. The recent bankruptcy of crypto exchange FTX is the type of news that has likely kept some family offices out of the crypto space.
While there is a general a lack of regulation in the crypto market, RBC Global Asset Management’s Karim Hamasni notes that the crypto market is continuing to mature and makes the case that the FTX collapse may point a way forward for regulators to improve crypto transparency.
“Canada is moving toward more uniform rules for cryptocurrency exchanges”
Karim Hasmani
RBC Global Asset Management
Access article
+ Disclaimer
The third party content used in this document/site is not intended to and does not constitute an endorsement by RBC Investor & Treasury Services (RBC I&TS) of the author or the third-party materials. The content and views within the third-party material are solely those of the third party and do not reflect the opinions of RBC I&TS. These materials are provided by RBC I&TS for general information purposes only. RBC I&TS makes no representation or warranties and accepts no responsibility or liability of any kind for their accuracy, reliability or completeness or for any action taken, or results obtained, from the use of the materials. Readers should be aware that the content of these materials should not be regarded as legal, accounting, investment, financial, or other professional advice, nor is it intended for such use.