A study conducted by the financial consultancy firm – deVere Group – estimated that 82% of clients with over $1.2 million worth of investable assets sought advice on cryptocurrencies in the past 12 months.
The enthusiasm contrasts with the market decline in 2022, which saw most digital assets nosediving by significant figures, while the numerous collapses of exchanges and industry players caused reputational damage to the sector. Green said those clients have understood that cryptocurrencies, such as bitcoin, are “the future of money,” and they “don’t want to be left in the past.”