South Korea sees a surge in crypto investments. The total number of virtual asset investors is now 15.59 million, over 30% of the population.
Increase in Investors
According to data from the Bank of Korea, by the end of November, the total number of cryptocurrency investors in the country exceeded 15.59 million, accounting for more than 30% of the population. From October to November 2024, the number of investors grew by over 610,000 people.
Growth in Volume and Capitalization
Bank of Korea data shows domestic investors now hold around $79 billion in crypto assets. This indicates growth in the number of participants and overall market activity.
Market Dynamics
Daily crypto trading volume in South Korea now rivals stock market levels, confirming rising investor interest in digital assets. Data from the country's top five exchanges shows increasing volumes and market activity.
The growth in the number of crypto investors and trading volumes in South Korea indicates a continuing trend of increasing interest in digital assets in the country.