Financial Insights That Matter
SINGAPORE — Over steak and wine at a swanky restaurant in downtown Singapore a week after Donald Trump won November’s U.S. presidential election, Gerald Goh pitched a bright future for digital assets to journalists covering cryptocurrencies.
The return to the White House of the former reality TV star, cast as a figure whose policies will usher in a boom for virtual money, has spurred rising bets on the sector’s coins and companies. And for bankers, fund managers and private wealth advisers in the city-state, it has triggered a frantic chase for the rich clients allocating more capital to a reenergized segment of digital finance.