1 in 3 Wealthy South Koreans Now Invest in Crypto, 2025 Report Reveals
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South Korea’s wealthiest are embracing crypto, with 34% of high-net-worth individuals investing in digital assets amid economic shifts. Young affluent investors favor crypto and foreign stocks, highlighting a sharp generational divide in financial strategies and risk appetite. A growing number of South Korea’s elite are betting on crypto. A fresh 2025 wealth survey shows that one in three individuals with financial assets above 1 billion won—roughly $695,000—are now invested in cryptocurrencies. That’s 34% of the country’s wealthiest, according to the Korea Wealth Report, which gathered data from 3,010 respondents. The average crypto holding among these high-net-worth individuals clocks in at about 42 million won, or approximately $29,232. It’s a strong signal that digital currencies are gaining solid ground among South Korea’s richest, despite ongoing economic uncertainties. While profitability is still the number one reason for these investments, only 49% cited it as their top motivation. That’s a dip from 59% in previous years, showing a shift in mindset. Now, ease of access (37%) and faith in the sector’s long-term growth (34%) are stepping in as equally strong drivers. Young Rich Fuel New Investment Wave Much of this push into digital assets is coming from the younger slice of the wealthy population. Those in their 40s or below are steering away from bonds and leaning heavily into foreign stocks and crypto. Around 29% of this younger group own digital currencies, while only 10% of the older generation do the same. Foreign stock ownership is also a dividing line. Nearly 30% of the younger elite’s investment portfolios are in overseas markets—compared to just 20% for older investors. Meanwhile, stock ownership in general sits at 78% for the young rich, against 66.4% for their older peers. The generational contrast is growing sharper by the year. Backing that momentum is South Korea’s evolving regulatory…
Filed under: News - @ April 18, 2025 12:26 am