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Published by: Wealth-X
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Crypto Investments and the Wealthy

Published by: Wealth-X
Published on:
Crypto Investments and the Wealthy

A look at the wealthy who invest in or have an interest in cryptocurrencies.

Amid hype, volatility, controversy and opportunity, the cryptocurrency (crypto) sector and ecosystem continue to grow rapidly. The sector, worth an enormous $2 trillion, has produced a sizeable number of new wealthy individuals.

As crypto moves towards the mainstream, it is gradually gaining popularity among healthy individuals as an asset class in which to invest. Wealth-X, an Altrata company, released a report in April that takes an in-depth look at the wealthy defined as individuals with a net worth of $5 million or more — who are professionally involved or have an interest in the crypto sector. These wealthy people are either entrepreneurs in the sector or are investing in crypto as part their wealth planning and investment diversification strategies.

Crypto Investment and the Wealthy explores a range of characteristics — including gender, age, wealth source, favorite hobbies and affinity to philanthropic giving — we explore what makes crypto-focused wealthy individuals unique.

One key insight our analysis revealed is that self-made wealthy individuals appear more likely to be open to investing in crypto — assets that are riskier and more volatile than other asset classes.

self-made wealthy individuals appear more likely to be open to investing in crypto

Other key insights explored within Crypto Investment and the Wealthy are:

  • The age and gender of wealthy crypto investors
  • Passions and hobbies beyond crypto including a slightly greater affinity to charitable giving than the general wealthy population 

Access the full report and discovery more on Insights on Crypto Investment and the Wealthy here.