Family Offices Favor AI Over Crypto, JPMorgan Report Finds

JPMorgan's 2026 Global Family Office Report reveals a stark divergence in investment priorities among the world's wealthiest capital pools. While 89% of surveyed family offices maintain zero crypto exposure, 65% identify artificial intelligence as their top investment theme. The report, covering 333 family offices across 30 countries with average net worth of $1.6 billion, shows healthcare innovation (50%) and infrastructure (41%) significantly outpacing crypto and digital assets (17%).

This institutional pivot occurs against a backdrop of continued crypto activity in Asia. Hong Kong's VMS Group allocated $10 million to Re7 Capital, while regional family offices raised over $100 million for crypto vehicles. BitMEX co-founder Arthur Hayes' Maelstrom launched a $250 million private equity fund targeting off-chain crypto companies, with planned deployments of $40-$75 million per acquisition.

The enthusiasm for AI investments hasn't translated into corresponding allocations. More than half of family offices hold no exposure to growth equity or venture capital—the primary channels for AI innovation—and 79% have no infrastructure investments. This disconnect between thematic interest and actual capital deployment suggests cautious implementation of investment theses among ultra-high-net-worth investors.