Hong Kong headquartered multi-family office Raffles Family Office has launched Revo, which it describes as “Asia’s first digital assets based multi-family office,” to cater to growing demands among Asia’s wealthy for exposure to digital assets.
The platform is launched in partnership with Huobi, which serves as the infrastructure provider. Revo said it will offer custody, investment and advisory services for cryptocurrencies as well as digital asset funds.
According to an announcement on Thursday, Revo, led by chief executive officer Ray Tam, will “serve as the bridge and spur connectivity among partners across both traditional and digital assets in a unified ecosystem.”
“The growing interest in digital assets shown by UHNW (ultra high net worth) investors in Asia presents new opportunities for the wealth management industry, but it is at risk of being overlooked and underserved,” Tam said in the announcement.
Raffles Family Office (RFO) offers a full suite of wealth management services for ultra-high net worth individuals. The firm has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei.