High-net-worth investment network TIGER 21 has allocated $6 billion worth of cryptocurrency within its $200 billion portfolio, showcasing substantial institutional interest in digital assets.

Michael Sonnenfeldt, TIGER 21’s founder and chairman, disclosed the firm’s crypto exposure in a February 2025 interview with CNBC, indicating that digital assets now constitute 1% to 3% of the network’s overall holdings.

“The areas of digital currencies remain really exciting,” Sonnenfeldt said when asked about investment trends among TIGER 21 members. “We have some members that are all in.”

Sonnenfeldt highlighted that Bitcoin is increasingly viewed as a critical store of value, notably in economically unstable areas like Argentina and Lebanon, where traditional financial systems are volatile. He compared Bitcoin’s function to that of gold, referring to both as an “instability hedge.”

“Gold is for traditionalists, Bitcoin is a bit new age, but they often play the same role. They are perceived as storehouses of value that are not subject to government fiat,” Sonnenfeldt elaborated.

TIGER 21 operates exclusively by invitation, needing members to possess a minimum of $20 million in accessible assets. Since its launch in 1999, the network has grown to include over 1,600 members across 53 cities.

Sonnenfeldt revealed that 80% of TIGER 21’s investments are directed towards public and private real estate, private equity, and other long-term ventures, while cash reserves have dwindled below 10% for the first time in 17 years. This $6 billion crypto allocation emphasizes a rising trend in institutional crypto adoption, especially as regulatory clarity in the U.S. improves.

The current cryptocurrency market cap stands at $3.3 trillion, rebounding from a recent sell-off that removed $400 billion in just 24 hours on February 2-3, 2025. Simultaneously, Bitcoin dominance has dropped to 61.42% from a four-year high of nearly 63% recorded on February 3, as per TradingView data.

Key Takeaways

• TIGER 21 has allocated $6 billion to cryptocurrency, representing 1% to 3% of its $200 billion portfolio.
• Bitcoin is rising as a preferred store of value in economically unstable regions.
• Increasing institutional adoption of cryptocurrency is evident, aligning with improving U.S. regulatory clarity.