The post Seniors in South Korea Are Diving Deep Into Crypto Investment appeared on BitcoinEthereumNews.com.

South Korea now has over 9.6 million crypto investors, up more than 50% compared to the previous year. One in four crypto investors in South Korea is aged 50 or older and many are holding large crypto portfolios. In South Korea, the number of domestic investors holding digital currencies such as Bitcoin has soared by more than 50% in the past year. The figure now stands at more than 9.6 million. Interestingly, one in four of these investors is over 50 years old. South Korea: Over 3 Million New Investors Enter the Crypto Space Furthermore, data received by Democratic Party lawmaker Ahn Do-jae from five domestic crypto exchanges—namely Upbit, Bithumb, Coinone, Korbit, and Gopax—shows that by the end of last year, there were more than 9.6 million active and tradable accounts. The previous year, the number was only around 6.3 million. This means that there are more than 3 million additional people trying their luck in the crypto world in just a year. The total amount of crypto assets they hold is truly impressive. Its value reaches more than 105 trillion won (about $77.78 billion). For comparison, that’s equivalent to buying more than 150,000 small apartments in Seoul. Not a number to be taken lightly, especially considering that most of the owners are not from institutions but retail investors. Older Generations Are Catching Up With Crypto Trends On the other hand, the age group that was previously considered far from technology is starting to catch up. Investors in their 50s are recorded at around 1.75 million people, an increase of more than half from the previous year. Meanwhile, those who have reached the age of 60, the number jumped from 371,800 to 636,700 people. It is possible that some of them follow their children or grandchildren, but in the end…

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Filed under: News - @ March 23, 2025 11:08 am