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06/02/25
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TIGER 21 Allocates $6 Billion to Cryptocurrencies Amid Growing Institutional Interest
TIGER 21, a prestigious network representing affluent investors, entrepreneurs, and senior executives, has committed as much as $6 billion in cryptocurrencies to its expansive $200 billion portfolio. This allocation reflects a significant portion, estimated between 1% to 3% of the overall assets, indicating a growing acceptance of digital currencies among high-net-worth individuals.
Michael Sonnenfeldt, the organization’s founder and chairman, highlighted the enthusiasm for digital currencies within the group. Some members have chosen to fully embrace this asset class, recognizing its appeal amid ongoing economic uncertainties in various global regions. Sonnenfeldt pointed out that Bitcoin has increasingly become a rival to gold as a store of value, particularly in nations facing financial instability, such as Argentina and Lebanon.
He articulated a perspective that contrasts traditional investments with emerging ones, suggesting that while gold appeals to conventionally-minded investors, Bitcoin represents a more contemporary choice. Both assets are viewed similarly in that they provide a safe haven from fiat currency risks. In a truly global market, investors can feel a sense of security in diversified holdings like cryptocurrencies.
Operating on an invitation-only basis, TIGER 21 requires members to possess at least $20 million in investable assets for eligibility. Since its establishment in 1999, the organization has expanded its footprint, now boasting offices in 53 cities worldwide and a membership exceeding 1,600 individuals.
The recent $6 billion allocation to cryptocurrencies is part of a broader trend where institutional investors are increasingly exploring opportunities within the digital asset space, especially as regulatory frameworks in the U.S. become clearer. Notably, about 80% of TIGER 21’s vast portfolio is invested in “long-only risk-on assets,” including public and private real estate and private equity, marking a significant shift as its cash holdings fall below 10% for the first time in nearly two decades.
As the cryptocurrency market continues to evolve, currently valued at $3.3 trillion, the landscape remains dynamic, with Bitcoin’s market dominance adjusting amidst fluctuations in investor sentiment.
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