A new global poll by Devere Group shows that 73% of millionaires will invest in cryptocurrencies, such as Bitcoin, Ethereum and XRP, before the end of 2022 or are already investing in them.
The group asked more than 700 of its high net worth clients, those having more than $1 million in investable assets, who currently reside in the U.S., the U.K., Asia, Africa, the Middle East, East Asia, Australasia, and Latin America.
Bitcoin’s recent impressive performance is drawing the attention of wealthy investors who increasingly understand that digital currencies are the future of money and they don’t want to be left in the past.
Devere Group CEO Nigel Green notes that the clients polled “have seen that a major driver of the price surge is the growing interest being expressed by institutional investors,” including large Wall Street banks “who are capitalizing on the high returns that the digital asset class is currently offering.”
Green also emphasized that investors are attracted to bitcoin as a “legitimate hedge against longer-term inflation concerns” due to stimulus packages promised by major governments and central banks worldwide.
Founded in 2015, Coinchapter.com has become one of the leading resources for the crypto asset community. Created by a small group of cryptocurrency enthusiasts, Coinchapter.com was built to provide new members of the crypto asset community with unbiased listings of cryptocurrency exchanges and retail options that would allow them to buy the crypto assets that they wanted, how they wanted and at the price they wanted.