Report Reveals 6.8% of World Population Now Crypto Investors
Triple-A, a leading financial technology company, has released a comprehensive report detailing the global adoption of crypto assets. The findings reveal a significant increase in the number of crypto investors worldwide, highlighting a surge of 142 million new investors since 2023. The United Arab Emirates (UAE) emerges as the frontrunner in crypto adoption among nations.
According to the report, the global population of crypto investors grew from 420 million in 2023 to 562 million in 2024. This represents 6.8% of the world's population, marking a 34% increase compared to the previous year. The most prominent age group among these investors is 24 to 35 years old, accounting for 34% of the total number.
The report identifies the UAE, Singapore, and Turkey as the leading countries in crypto adoption, with 25.3%, 24.4%, and 19.3% of their populations invested in crypto assets, respectively. Ukraine also shows a significant presence with 10.2% of its population engaging in crypto investments.
Experts from Triple-A highlight Asia's potential as a cryptocurrency hub, noting that 10 countries from this region are in the top 30 for the number of investors. "Asia is at the forefront of this new wave, with the number of investors growing from 268.2 million in 2023 to 326.8 million in 2024, an increase of 21.8%," the report states.
South America leads in growth rate, with an impressive 116.5% increase in crypto adoption. Overall, the report underscores a global upward trend in cryptocurrency adoption, with significant growth observed across all continents. This widespread increase emphasizes the growing importance of digital currencies in the global financial ecosystem.
Several factors contribute to this trend, according to experts. Notably, regulatory changes have played a crucial role, transforming the cryptocurrency sector from a niche market into a global phenomenon.
