Witter Family Office bets big on crypto, 'still believes' in blockchain technology
— Bets, Crypto, Office, Witter, Blockchain, Family, Believes, Tokens, Offices, Technology — 1 min read
Sherry Pryor Witter, CEO of the Witter Family Office, says crypto and blockchain accounted for about 40% of the office's assets at their peak. With recent losses, Witter has sold off all but the top 10 crypto tokens and written down many of its venture capital investments. Witter is one of a large and growing group of family offices that have become important players in crypto. "I think this is a great time to get into the better projects of crypto," Witter said of the asset class: "The recent events have been unfortunate but if you can pick the right projects,... I think the returns will be strong going forward" She assumes that blockchain and crypto will revolutionize payment systems, finance and banking over the long term. Source