Raffles Family Office is building a wealth manager for Asia’s stablecoin billionaires
Younger billionaires are more likely to store their wealth on the blockchain.
Raffles Family Office (RFO), a firm specializing in wealth management for Asia's emerging billionaires, is developing a digital assets-focused division to serve clients with substantial holdings in stablecoins. With younger self-made billionaires in Asia managing their wealth through digital currencies like Bitcoin and Ethereum, traditional finance institutions have struggled to accommodate these assets.
In 2022, RFO launched Revo, a digital assets-focused multi-family office, and obtained licenses from Hong Kong's Securities and Futures Commission to offer professional portfolio management for digital assets. A 2026 survey revealed that 86% of family offices have begun incorporating crypto assets into their investment strategies, despite regulatory and reporting challenges.
RFO, which currently serves high-net-worth individuals across six Asian cities, has recently expanded its reach to Kigali, Rwanda, by co-hosting a family office symposium and appointing a principal to drive investment flows between Asia and Africa. Kwan predicts that Africa could overtake Asia as the world's fastest-growing continent by 2050, driven by a growing African population and increased earning and spending power.
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