New data reveals that over 180 individuals around the world now own at least $100 million worth of crypto assets.
According to a new study by financial advisement group Henley and Partners, dozens of global crypto entrepreneurs are now centi-millionaires, almost half of them either obtaining their wealth from holding or trading Bitcoin (BTC), the top crypto asset by market cap.
βThis first-of-its-kind report includes exclusive statistics on the number of crypto and Bitcoin millionaires, centi-millionaires, and billionaires provided by global wealth intelligence firm New World Wealth, as well as insights from leading academics, industry experts, and crypto playersβ¦
In the global super-rich league, there are now 182 crypto centi-millionaires (namely, high-net-worth individuals with crypto holdings of $100 million or more), 78 of whom are Bitcoiners, while six of the worldβs 22 crypto billionaires have amassed their fortunes from trading Bitcoin.β
The study also finds that high-net-worth investors are looking into migrating to new nations that are less likely to over-regulate or ban crypto assets.
As stated by Dr. Juerg Steffen, CEO of Henley and Partners, in a press release,
βWe have seen a significant spike in inquiriesΒ from crypto millionaires over the past six months looking to protect themselves against any potential future bans on the trading or use of cryptocurrencies in their own countries and mitigate the risks of aggressive fiscal policies that tax digital assets at source.β
The studyβs methodology includes data from wealth intelligence firm New World Wealth and insights from leading academics, and industry leaders, as well as Henley and Partnersβ own Crypto Adoption Index, which compares the top investment migration programs for digital asset entrepreneurs.
According to Henley and Partners, the statistics from New World Health focus on the movement patterns and spending habits of over 150,000 deep-pocketed individuals, with a focus on those with at least $10 million in investable assets.
Don’t Miss a Beat β Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Generated Image: Midjourney