The number of virtual asset users in South Korea surpassed stock market investors by February 2025, indicating significant shifts in investor preferences.
Expansion of Virtual Asset Market
South Korea's cryptocurrency exchanges witnessed consistent growth, reaching 16.29 million user accounts. This growth reflects the widespread popularity of digital assets among investors of various backgrounds.
Exchange Membership Trends and Strategies
The largest local exchange, Upbit, reports approximately 9.82 million registered users, while Bithumb shows significant gains through banking partnerships and promotional activities.
Comparison with Traditional Stock Market Participation
The number of digital asset users now far surpasses that of traditional stock market investors, indicating a shift towards digital assets among investors.
The increased participation in South Korea's digital asset market signifies substantial changes in the investment landscape, highlighting a new approach to portfolio diversification.