Wealthy persons interested in crypto

Recently a new survey has shown that most of the wealthy young people are increasingly interested in cryptocurrency space and they are investing in crypto.

According to consultant Capgemini’s World Wealth Report 2018, wealth management firms will need to move beyond their “ambivalence” towards providing their young wealthy clients with information about cryptocurrency investments.

Report showed that more than 25% high net worth individuals (HNWIs) are placing importance in getting information about cryptocurrencies.

The survey has also showed that globally just 39% of HNWIs say the primary reason they would hold cryptocurrencies is for investment return, while 19% view them as an alternative store of value.