1/THREAD: What we learned from #FO256 from over 100 Family Offices regarding crypto. Close to 50% polled place crypto in pre-existing allocation buckets which in my opinion affect everything from diligence, valuation and financial projections.
2/What we learned from #FO256: as viewed a majority who attended have already made an allocation to crypto, most likely to GP’s, however 20% are still on the sidelines. Of those on the sidelines ~10% are closer to making an allocation in the next 6-12 months.
3/What we learned from #FO256: a majority (41%) made their first non-BTC/non-ETH investment ONLY in the past year. To me this shows we are very early in investment adoption among FO/HNW investors; more experience & education will affect the J-curve of such adoption.