Asset Management

Abrdn investments CEO: ‘Our goal is clearly not to launch crypto products’

René Buehlmann said the £500bn asset manager is 'more interested in the technology' underpinning crypto

The comments from René Buehlmann, chief executive of Abrdn’s investments business, follow the asset manager acquiring a stake last year in London-based digital securities exchange Archax
The comments from René Buehlmann, chief executive of Abrdn’s investments business, follow the asset manager acquiring a stake last year in London-based digital securities exchange Archax Photo: Bloomberg via Getty Images

Abrdn's head of investments has ruled out launching cryptocurrency products in future but has said the FTSE 100-listed asset manager will continue to experiment around tokenisation.

“Our goal is clearly not to launch cryptocurrency-type products, we are more interested in the technology,” René Buehlmann, chief executive of Abrdn’s investments business, told Financial News.

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