Survey finds 6 in 10 of Asia’s rich plan to ramp up crypto buying
PositiveCryptocurrency
- A recent survey by Sygnum revealed that 60% of Asia's high-net-worth individuals (HNWIs) plan to increase their cryptocurrency investments, with 87% already having exposure to crypto assets, averaging a 17% allocation in their portfolios. This trend indicates a growing acceptance of digital currencies among affluent investors in the region.
- The findings underscore the increasing confidence of HNWIs in cryptocurrencies as a viable investment option, highlighting a shift towards digital assets amidst traditional investment avenues. This could lead to greater market stability and innovation in the crypto sector.
- The rise in crypto investments among Asia's wealthy aligns with broader trends in portfolio diversification, as investors seek to mitigate risks associated with market volatility. Additionally, collaborations in the region, such as those aimed at enhancing digital payment systems, reflect a robust ecosystem supporting cryptocurrency adoption.
— via World Pulse Now AI Editorial System
