According to a survey conducted by the deVere Group, an independent financial and consulting company, 68% of wealthy people have already invested in cryptocurrency or plan to do so.
More than 700 clients of a company with high net worth personal assets (HNWI) took part in the survey. Respondents live in the United States, United Kingdom, Australia, the United Arab Emirates, Japan, Qatar, Switzerland, Mexico, Hong Kong, Spain, France, Germany and South Africa.
In the context of the survey, the firm identified HNWI as people owning more than £ 1 million ($ 1.3 million) in investment assets.
“The study shows that rich people are increasingly seeking access to cryptocurrencies. There is a growing recognition that cryptocurrency is the future of money. People with high incomes are not ready to let this go and rebalance their investment portfolios towards digital assets, ” deVere founder and CEO Nigel Green commented on the survey results.
In addition to the fear of loss of profit (FOMO), he identified five more major factors contributing to the interest of wealthy people in cryptocurrencies:
- cryptocurrencies have no boundaries and are great for expanding globalization of trade;
- they are digital, which makes them ideal for the growing digitalization of the world;
- cryptocurrencies solve real problems, increasing the efficiency of international payments and providing financial services to up to 2 billion people without banking services;
- on the side of the cryptocurrency is the younger generation, which takes them faster than older people;
- Institutional investors come to crypt markets, which bring not only capital, but also their own work experience.
Recall that according to a survey of the Fidelity Investments financial corporation, 22% of institutional investors in the United States already own any digital assets.
Publication date 04/05/2019
Share this material on social networks and leave your opinion in the comments below.
