Raffles Family Office Obtains Hong Kong Licenses for Digital Asset Management
Photo: TokenPost
Raffles Family Office’s Revo secured Hong Kong licenses for portfolio management of digital assets alongside traditional investments, extending regulated digital asset services at a firm serving wealthy clients in six Asian cities. RFO started Revo in 2022 as a digital asset-focused multi-family office. Revo received SFC approval in February to manage portfolios that include digital assets and traditional investments. RFO serves high-net-worth individuals in Beijing, Shanghai, Singapore, Hong Kong, Taipei and Bangkok. Its founder and CEO, Chi-Man Kwan, described younger billionaires generally—not specifically RFO clients—as more likely to store wealth on the blockchain.
Source: TokenPost
