According to the survey, 0.3 percent of personal wealth is currently invested in cryptocurrency assets, as opposed to 25 percent in stocks.
The survey predicted that by 2030, there will be 1 billion crypto users worldwide based on current adoption trends.
Individual investors are now the largest holders of cryptocurrency, despite increased institutional interest in the assets, according to the survey. The most eager investors are hedge funds and venture capital organisations, it continued.
According to the report, as Southern Asia’s crypto legislation develops, the region contributes between 2 and 3 percent of the value of all global crypto trades, with India, Thailand, and Vietnam making up the three largest markets by trading value.
According to the survey, cryptocurrency trading in Southern Asia is primarily driven by young, speculative traders who get their ideas from social media.
