The number of crypto investors in South Korea surged significantly last year.

Reports suggest that the total number of investors surpassed 9.6 million. The growth rate exceeds 50% when compared to the previous annual total.

The number of crypto investors in South Korea has surged significantly, exceeding 9.6 million, according to reports. This figure showcases a remarkable growth rate of over 50% when compared to the previous annual total. Virtual currency ownership has now reached levels that involve nearly twenty percent of South Korean residents.

As senior citizens continue to enter this space, their presence within the crypto market is becoming increasingly apparent. Statistics indicate that approximately 25% of cryptocurrency investors span beyond age fifty. Between 50% to 55% of wealthiest, cryptocurrency investors who hold assets worth over 1 billion KRW are within their younger years.

The total number of registered investors in the five major cryptocurrency exchanges reached 9,667,023 at the end of 2024. The investor numbers grew by 52.6% throughout one year. The five leading cryptocurrency exchanges—Upbit, Bithumb, Korbit, Coinone and Gopax—confirmed this trend through their combined data sources.

The value of cryptocurrency assets exceeded 100 trillion KRW during this period and registered at 105 trillion KRW. Recent statistics highlight that digital asset investments from South Korean individuals are reaching their highest levels yet.

The data shows a substantial growth in the senior investor demographic. The demographic of older cryptocurrency traders aged 50 to 59 showed a significant growth of 56.4%, which brought their total number to 1.75 million participants. The senior investor demographic grew substantially by 52.6% since they now number 636,700 individuals.

Older individuals make up most of the crypto asset holders who exceed 1 billion KRW worth of assets. The population consists of 35.2% who are older than 50 years and 19% who surpass 60 years. The average worth of individual high-net-worth investors in virtual currencies stands at 2.15 billion KRW.

The crypto market keeps growing which creates more demands for effective regulatory solutions. Public officials warn that the market will face major upcoming financial dangers unless it receives a suitable regulatory structure. However, future talks about regulation guidelines will continue to unfold.