Singapore’s prominent family scions make digital assets push

Bloomberg

Scions from two of Singapore’s most prominent families are boosting their involvement in digital assets.
Whampoa Group, a multi-family office anchored by principals from the Lee family that founded Oversea-Chinese Banking Corp. and Amy Lee, the niece of the city-state’s founding prime minister, wants to spin out its asset-management business for digital investments.
Family offices tend to be less regulated than standard firms and are among the bigger players that have been looking to get into alternative investments.