The 2024 Crypto Wealth Report indicates a significant rise in crypto millionaires, with a staggering 172,300 individuals now holding $1 million or more in crypto assets.
CEO António Henriques notes that cryptocurrencies are challenging traditional fiat currencies, signaling a new era in finance where digital assets innovate alongside traditional money.
The acceptance of crypto exchange-traded funds (ETFs) has contributed to the rising market cap, providing investors with a sense of safety and facilitating easier investment.
According to Henley & Partners, the number of people earning $100 million or more from their crypto investments has climbed 79% over the past year.
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