The number of crypto investors in South Korea has exceeded 16 million, narrowing the gap with stock investors in the country.
While stocks remain more popular, this milestone highlights the growing interest in digital assets, even among traditional stock investors.
Reports indicate that 16.29 million individuals have accounts across the top five domestic virtual asset exchanges: Bithumb, Upbit, Gopax, Coinone, and Korbit.
The data, submitted to Rep. Cha Gyu-geun of the Rebuilding Korea Party, accounts for users on multiple platforms by counting them only once.
Crypto holders now make up about 32% of South Korea’s population. The number surpassed 14 million in March 2024 and increased by over 500,000 following the election of US President Donald Trump, pushing the total beyond 15 million.
