Gen Z Shows Strong Interest In Cryptocurrency Investments

According to PANews, a survey conducted by Jemi Nai involving 6,000 global respondents reveals that over half of Generation Z, aged 18-29, have held or currently hold cryptocurrencies, demonstrating a strong inclination towards investment. The survey indicates that 51% of Gen Z own cryptocurrencies, significantly surpassing the global average of 35%. In the United States, 51% of Gen Z, 49% of Millennials (born 1981-1996), and 29% of Generation X (born 1965-1980) reported having owned or currently owning crypto assets. Similar trends are observed in the United Kingdom, Singapore, and France. Furthermore, Gen Z shows heightened concern about inflation and is more inclined to use cryptocurrencies as a hedge. In the UK, 42% of Gen Z crypto investors use digital currencies to combat inflation, exceeding the national average of 32% among all crypto investors. The report also highlights that 31% of surveyed Gen Z support increased government regulation of the crypto industry, which is below the global average of 46%. However, Gen Z maintains a more optimistic outlook on the development of industry regulations, indicating a deeper integration of cryptocurrencies in the investment portfolios of young investors.