Global Generation Z Cryptocurrency ownership exceeds 50%, young investors are more active

PANews January 30th news, according to TokenPost, a survey of 6,000 respondents worldwide by Jemi Nai showed that more than half of the 18-29-year-old Generation Z have held or are holding cryptocurrency and show a stronger willingness to invest. A survey shows that the cryptocurrency ownership rate among Generation Z is 51%, much higher than the global average of 35%. In the United States, 51% of Generation Z, 49% of Millennials (born between 1981 and 1996), and 29% of Generation X (born between 1965 and 1980) reported owning or having owned crypto assets. Similar trends are evident in the United Kingdom, Singapore, and France. In addition, Generation Z has a higher level of concern for inflation and is more inclined to use Crypto Assets as a hedging tool. In the UK, 42% of Generation Z encryption investors stated that they use Crypto Assets to cope with inflation, higher than the overall average level of encryption investors in the country (32%). The report also pointed out that 31% of the surveyed Z generation support the government’s strengthening of encryption industry regulation, which is lower than the global average of 46%. However, the Z generation is more optimistic about the development of industry regulation, showing the deep penetration of cryptocurrency in the investment portfolios of young investors.