Wealthy increase cryptocurrency exposure

Wealthy increase cryptocurrency exposure

More than two-thirds of high-net-worth individuals will be invested in cryptocurrencies in the next three years, according to a new global poll.

The deVere Group survey showed that 68 per cent of poll participants had already been invested or would invest in cryptocurrencies such as Bitcoin, Ethereum and XRP, by 2022.

The over 700 respondents are clients who resided in the US, UK, Australia, the UAE, Japan, Qatar, Switzerland, Mexico, Hong Kong, Spain, France, Germany and South Africa.

Nigel Green, founder and CEO of deVere Group, said there is universal acceptance that cryptocurrencies would be the future of money.

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Source: Wealthy increase cryptocurrency exposure | Money Management