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The digital asset ownership rate in Singapore has risen to 26%, with the young population accounting for 40%.
According to the Gate.io News bot and a report by the Strait Times, a recent survey by Singapore’s cryptocurrency payment company Triple-A shows that by 2024, the digital asset ownership rate among Singapore residents has reached 26%, an increase from 24.4% in 2023.
The survey found that Generation Z and Millennials (aged between 16 and 44 by 2025) are the main force in holding digital assets, with about 40% of this age group holding encryption currency. These young users are widely using encryption currency in their daily lives, including online shopping and paying bills.