Revo Digital Family Office, a digital family office and a distinguished member of Raffles Family Office, has announced a significant investment from prominent entities including UOB Venture Management, Signum Capital, Gate.io exchange, and a notable Korean single family office.
The influx of funds aims to bolster the technological prowess of Revo's platform and further its reach in key Asian cities such as Hong Kong, Singapore, Beijing, Shanghai, and Taiwan. Additionally, the investment will facilitate Revo's ambitious plans to venture into emerging markets like Korea and Thailand, the firm said in an announcement on Thursday.
Ray Tam, CEO of Revo Digital Family Office, expressed his enthusiasm, stating, “This investment is a testament to the international investors' faith in Revo's robust business model and our vision for the future of digital asset family offices. Our goal is to bridge the gap between traditional wealth and the burgeoning world of digital innovation, positioning both our firm and our clientele at the vanguard of a global financial metamorphosis."
Zann Kwan, Revo's managing partner and chief investment officer, echoed these sentiments, emphasizing the firm's commitment to ensuring its clients remain active stakeholders in the rapidly evolving digital asset landscape.
"As digital asset regulations become increasingly favorable in pivotal markets such as Hong Kong and Singapore, we are dedicated to ensuring our clients not only participate in this global transition but also thrive in it," she noted.
The institutional interest in the digital assets space has been growing exponentially, with many viewing it as the next frontier in the financial world. This burgeoning interest is not merely a fleeting fascination but is increasingly seen as a pivotal shift in the financial landscape. For many, digital assets represent the future of finance, offering a blend of decentralization, transparency, and potential for high returns, and institutional investors are taking note, particularly as regulatory clarity improves and customer demand grows.