A new report has been published on the value created by cryptocurrency markets and how much crypto has been adopted globally. The research, based on data provided by global wealth intelligence company New World Wealth, revealed that the total number of cryptocurrency investors worldwide is 425 million. On the other hand, the report showed that approximately 1 in 2 crypto investors (49.1%) included Bitcoin, which is considered the largest cryptocurrency in terms of market value, in their portfolio.
Sharing his evaluations on the subject, Gate.io Global Growth Director Kafkas Sönmez said, “We know that the world population has recently exceeded 8 billion. Accordingly, we see that 5% of the global population is crypto investors. "This rate reached by an instrument that is 14-15 years old is quite remarkable," he said.
88 thousand 200 people became a million
In the research, it was seen that 88 thousand 200 people became millionaires with crypto, and 40 thousand 500 of the crypto millionaires owe their wealth to Bitcoin trading. While the number of crypto billionaires was announced as 22, the number of people who became billionaires through Bitcoin trading was recorded as 6. It was stated that the number of people holding crypto assets over 100 million dollars was 182.
Stating that crypto millionaires correspond to two ten thousandths of total investors, Kafkas Sönmez said, “We can say that a similar situation is valid for traditional investment instruments such as stocks. Crypto assets, like all other assets, promise to utilize savings and savings, not to become a millionaire quickly. "It is up to the investors to decide which instrument and how much to invest in, and investors take risks depending on the instrument they prefer," he said.
Türkiye, 10th in innovation and technology; 12th in crypto adoption
Emphasizing that a global crypto adoption index is also included in the report, Kafkas Sönmez said, “There are striking findings regarding crypto adoption in Turkey in the results obtained by Henley & Partners by evaluating 750 data points over 6 main parameters, 19 sub-parameters and 29 indicators. In the adoption ranking, Türkiye ranks 12th with 3.3 points. This figure makes Turkey the leading country in its region in terms of crypto adoption. When the innovation and technology filter is selected, we see that Turkey ranks 10th. "The fact that our country is positioned ahead of countries such as the Netherlands, Austria and Luxembourg in the innovation parameter proves the potential of cryptocurrency exchanges in Turkey," he said.
“We have a way to go in terms of regulation”
Stating that the report offers a ranking comparing 26 countries in the context of regulation, Gate.io Gate.io Global Growth Director Kafkas Sönmez concluded his evaluations with the following statements:
“Turkey ranks last among 26 countries in terms of regulation. Considering that even the G20 countries, which include the 20 largest economies in the world, plan to complete their common regulatory framework studies for the crypto ecosystem by the end of 2027, our country's position should not be evaluated too negatively. While cryptocurrency and blockchain have come a long way with innovation and technology, they are still fairly new categories. As Gate.io Turkey, which offers the opportunity to transact with more than 1,700 cryptocurrencies to more than 13 million users with the motto 'Gateway to crypto', we believe that the rising interest of institutional investors, especially in the USA, and the crypto-focused steps of traditional financial institutions will also be guiding for global regulators. and we think it will strengthen the future of the industry.”