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South Korean investors embrace Crypto Assets: 27% of adults hold Bitcoin, the most popular.
On June 29, according to the latest report from Hana Financial Research titled "Investment Trends of the 2050 Generation in Virtual Assets," more than a quarter (27%) of South Koreans aged 20 to 50 own digital assets, with Crypto Assets investment accounting for 14% of their total financial investment portfolio.
Users of different age groups have varying levels of interest in Crypto Assets. The participation rate is highest among those in their 40s at 31%, followed by those in their 30s at 28%, and those in their 50s at 25%. 78% of respondents over 50 stated that they use Crypto Assets as a way to accumulate funds, while 53% indicated that they are preparing for retirement by investing through Crypto Assets. 70% of respondents expressed interest in expanding their Crypto Assets investments in the future. Bitcoin remains the preferred choice for South Korean investors, with 60% holding Bitcoin. However, as experience grows, many users are beginning to diversify their investments, turning to altcoins or stablecoins.