Tiger 21, a network for affluent investors, maintains around 6 billion USD in digital currencies. This significant amount represents about 1% to 3% of the network’s total assets, according to founder Michael Sonnenfeldt.
The surge in digital asset prices has been linked to Donald Trump’s presidency, where his support for cryptocurrencies has influenced investor confidence. Bitcoin recently peaked above 108,000 USD.
Standard Chartered forecasts Bitcoin could reach 500,000 USD by 2028. Sonnenfeldt notes the similarities between Bitcoin and gold, suggesting both assets serve as reliable stores of value.
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