Most dual-asset investors see crypto beating stocks in the next decade: Kraken Survey

A majority of investors holding both cryptocurrencies and stocks say that digital assets will appear equal -equal in the long run, according to a new survey from the Crypto Exchange Kraken.

The survey of more than 1,000 adults in the US, published Thursday, found that 65% of dual-asset investors expected crypto to deliver stronger growth than stocks over the next 10 years. Only 35% favored equities.

Nearly 70% said they plan to increase their allocation of crypto in the coming year, with men showing stronger beliefs than women (74% compared to 59%).

In the past 12 months, digital assets have also been -outperformed for many investors: 42% have reported their crypto holders to beat their stock portfolios, compared to 31% who have seen equally performing better.

Confidence levels are running towards crypto also, with 61% of those who say they are more confident in digital assets, compared to 53% for stocks.

It also appears that crypto is emerging as a “trade in the crisis.” When asked where they would provide fresh capital during global uncertainty, 33% chose crypto, 20% said equality and 19% selected cash.

Mark Greenberg, Kraken’s global consumer leader, said the data reflects a move to the construction of the portfolio.

“Dual-Asset investors no longer treat crypto as a speculation.

The findings came as crypto exchanges, including Kraken, even switching to traditional finances by offering equities trading next to digital assets, a sign of how the lines between the two markets became more faint.

Read more: Kraken debuts derivatives trading in the US, plan expansion, stock futures