More than a quarter of the South Koreans in the twenty to 50 years now have digital assets, their cryptographic investments representing 14% of their total financial portfolios, according to a new report from the Hana Institute of Finance published on Sunday.
The study, entitled Virtual investment trends of virtual assets of the 2050 generationshows this interest in crypto cuts between age groups. Those in the forties led to participation at 31%, followed by people in the thirties to 28%and 50 to 25%.
78% of respondents in their fifties said they used crypto as a means of raising funds, while 53% said they were retired from cryptographic investments. More respondents now cite the growth potential, diversification and structured savings plans as key motivations for investment.
Meanwhile, 70% of respondents expressed their interest in expanding cryptographic investments in the future. 42% said they would invest more if traditional financial institutions played a more important role in cryptographic markets, while 35% cited stronger legal protections as a key factor to accommodate confidence.
In relation: The South Korean banks provide for the launch of Stablecoin won by 2026
Korean investors make regular cryptography purchases
Investment models are also maturing. The proportion of investors making regular purchases increased from 10% to 34%, and mid-term exchanges increased from 26% to 47%, while short-term trade has slightly fell.
The way investors get information also change. According to the report, dependence on word of mouth has decreased, while the use of official exchanges and analytical platforms has increased.
Bitcoin (BTC) remains the main choice, with six out of ten investors including BTC in their participations. As experience develops, however, many diversify in altcoins or stablescoins. Non -knit tokens (NFTS) and safety tokens (Stos) remain niche, with nine out of ten investors sticking exclusively to parts.
“Virtual assets play a major role in investor portfolios,” said Yoon Sun-Young, a researcher at Hana Financial Research Institute. “Investors expect a legal institution and expansion of the role of the existing financial sector.”
A major point of pain highlighted was the restriction preventing the connection of several bank accounts with the exchanges of crypto. Seven out of ten investors said they would promote their main bank if this rule was softened.
The concerns about market volatility remain widespread (56%), while concerns about the risks of exchange or fraud were more pronounced among those who hesitate to invest more.
In relation: The Central Bank of South Korea wants a gradual deployment of stablecoin
Korean crypto boom fueled by despair
Last week, Eli Ilha Yune, product manager in Anzaetek, said that the wavy of the crypto crypto in South Korea was not motivated by optimism concerning blockchain technology.
Speaking at the German Week Blockchain, Yune argued that many young Koreans turn to the crypto of financial despair, looking for rapid benefits rather than supporting web ideals.
Young unemployment in South Korea is a key factor, 6.6%, more than double the national average. Yune explained that the former South Korea economy has stopped, leaving many unemployed young people and unable to afford real estate or see significant yields of traditional investments such as actions.
In the midst of this economic pressure, the crypto has become the only viable investment option for the young generation of Korea, according to Yune. He noted that if some young investors understand crypto technology, many ignore its infrastructure.
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