More than a – -South Koreans in their 20s to 50s now have digital assets, including their crypto investments that make up 14% of their total financial portfolio, according to a new report from the Hana Institute of Finance released Sunday.
The StudyThere is a title 2050 Trends of Virtual Asset Investment of GenerationIt has been shown interest in crypto cuts throughout the age groups. Those in their 40s led to participation in 31%, followed by people in their 30s at 28%and 50s at 25%.
78% of the respondents in their 50s said they were using crypto as a way to assume funds, while 53% said they were preparing Retirement by Crypto Investments. Many other respondents today mention potential growth, diversity, and structured stimulating plans as major motivations for investment.
Meanwhile, 70% of respondents expressed interest in expanding crypto investments in the future. The 42% said they invest more if traditional financial institutions take a bigger role in crypto markets, while 35% cites stronger legal protection as a major factor in strengthening confidence.
Related: South Korea Banks plan won-pegged stablecoin launch of 2026
Korea investors make crypto regular purchases
Investment patterns are also aging. The proportion of investors making regular purchases increased from 10% to 34%, and mid-term trading increased from 26% to 47%, while short-term trade fell slightly.
The way investors get information is also changing. Each report, the word-of-mouth dependence refused, while using the official exchange and analytical platforms increased.
Bitcoin (Btc) remains the main choice, with six out of ten investors including BTC in their holdings. As the experience grows, however, many varying -In altcoins or Stablecoins. Tokens that are not relevant (NFT) And the security tokens (STO) remain a suitable area, with nine out of ten investors glued exclusively on coins.
“Virtual assets play a key role within the investors portfolios,” said Yoon Sun-Young, a researcher at the Hana Financial Research Institute. “Investors expect legal institutionalization and expansion of the role of the existing financial sector.”
A major point of the disease that is highlighting is the restriction that prevents linked many bank accounts with crypto exchanges. Seven out of ten investors said they would prefer their main bank if this rule is relaxed.
Concerns about volatility in the market remain widespread (56%), while concerns over exchange or fraud risks are more pronounced with those who are hesitant to invest more.
Related: South Korea’s central bank wants to gradually control Stablecoin
Korea’s crypto boom is that -fuel by desperation
Last week, Eli Ilha Ilha, Chief Product Officer in Anzaetek, said the advances in South Korea’s crypto adoption is not driven by optimization about blockchain technology.
Speaking of German Blockchain Week, Yunene argues that many Korean children are returning to financially desperation, looking for quick income instead of supporting Web3 ideas.
Unemployment in South Korean youth is a major factor, which stands at 6.6%, more than double the national average. Yane explained that once high-growth South Korea’s economic growth stared, leaving many young people unemployed and could not afford real estate or see significant returns from traditional investments such as stocks.
In the midst of this economic pressure, crypto has become the only viable investment choice for younger Korea generations, Yune said. He noted that while some young investors understood crypto technology, many did not know its infrastructure.
Magazine: XRP jumps on the Ripple-SEC update, the scoops of $ 386m BTC: Hodler’s Digest, June 22-28
