DeVere: 68% of global millionaires will be invested in crypto by 2022

03 May, 2019 | Updated: 03 May, 2019
by Joeri Cant
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DeVere: 68% of global millionaires will be invested in crypto by 2022

According to a global survey by the financial consultancy firm deVere Group, more than two-thirds of the world's most wealthy individuals will be invested in cryptocurrencies by the end of 2022.

The global survey, conducted by the deVere Group, which is one of the world’s largest independent financial advisory organizations, shows that 68% of the participants are already invested in or will make investments in cryptocurrencies, before the end of 2022.

The DeVere group currently has more than $10 billion in assets under advice, with more than 80,000 clients located in more than 100 countries, and surveyed more than 700 of its clients, located in the U.S., the UK, Australia, the UAE, Japan, Qatar, Switzerland, Mexico, Hong Kong, Spain, France, Germany and South Africa.

The founder and CEO of DeVere Group, Nigel Green, said that the research clearly shows that wealthy individuals are increasingly seeking exposure to cryptocurrencies.

'There is growing, universal acceptance that cryptocurrencies are the future of money, and the future is now. High net worth individuals are not prepared to miss out on this and are rebalancing their investment portfolios towards these digital assets', he said.

'Crypto is to money what Amazon was to retail. Those surveyed clearly will not want to be the last one on the boat.'

Recently Chepicap reported that the CEO said that he believes that the crypto winter had ended and that Bitcoin will soon test the crucial $6,000 price support, building confidence on the wider cryptocurrency market.

'Once this confidence is in place, the sky is the limit for cryptocurrencies', he added.

And if you are not impressed by Green's predictions, you might be by his morning routine!

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