Financial Research Institute: Despairing Sentiment Drives South Korea's Crypto Assets Boom

Gate News bot message, June 30, according to a new report released by Hana Financial Research, more than a quarter of young South Koreans aged 20 to 50 currently own digital assets, with cryptocurrency investments accounting for 14% of their total financial investment portfolio.

The research titled “Investment Trends in Virtual Assets of the 2050s” shows that interest in Crypto Assets has declined among different age groups, with those in their 40s being the most likely to hold Crypto Assets at 31%, followed by those in their 30s at 28% and those in their 50s at 25%.

It is worth noting that 78% of respondents indicated that they use Crypto Assets as a means of accumulating wealth, and 53% admitted to preparing for retirement through crypto investment. Additionally, 70% of South Korean respondents expressed a desire to expand their Crypto Assets investments in the future, with 42% stating that they would increase their investments if traditional financial institutions became more involved in the crypto market.

Demographic analysis shows that male investors clearly dominate, especially those in their 30s and 40s, as well as office workers. Investment patterns have also changed, with the proportion of investors regularly purchasing Crypto Assets rising from 10% to 34%, and the proportion of investors engaging in medium-term trading increasing from 26% to 47%, indicating that investors are increasingly viewing Crypto Assets as long-term assets.