“A lot of institutions in Singapore and Asia haven’t really done much [in crypto]. There have been some traditional institutions that have been working with digital assets, but in a very limited fashion,” Lee said, adding that most of the activity in Singapore is coming from “non-traditional institutions” such as investment funds, venture funds, hedge funds, family offices and high net worth individuals.
Source: https://www.coindesk.com/policy/2024/11/21/bitgo-launches-singapore-services-eyes-other-crypto-friendly-regions-in-asia/?utm_medium=referral&utm_source=rss&utm_campaign=headlines