US family offices have become significant players on Wall Street, managing $5.5 trillion in assets, a 67% increase over the past five years. Deloitte forecasts this figure will rise to $6.9 trillion by 2025 and surpass $9 trillion by 2030. The number of family offices worldwide has grown to over 8,000 from 6,130 in 2019. Financial institutions are increasingly targeting these entities, as they show heightened interest in alternative assets, including cryptocurrencies.