News list for " high net worth"
Binance on Wednesday announced the launch of a new VIP service for the ultra-high net worth (UHNW) market, named Binance Prestige. Binance Prestige provides high-level, professional digital asset management services for family offices, private funds and other asset allocators. The new service, designed specifically for ultra-high net worth clients, complements Binance Wealth, launched a year ago by Binance, which primarily targets high net worth clients.
Tiger 21 founder Michael Sonnenfeldt revealed that the global network of high-net-worth investors holds about $6 billion in digital currencies, accounting for 1% to 3% of its total assets of $200 billion. Sonnenfeldt said in a CNBC interview that some members are "all-in" digital currencies and see them as gold alternatives.
Hong Kong plans to introduce tax exemptions for cryptocurrency gains from private equity funds, hedge funds, and high-net-worth investment vehicles.
