South Korea’s cryptocurrency market has reached a significant milestone, with over 10,000 individuals now holding more than 1 billion won (approximately $725,000) in digital assets. This surge is a testament to the growing popularity and maturity of the crypto market in the country. The average portfolio size among these high-net-worth investors is about 2.2 billion won, far exceeding the average holdings of typical users.

Demographic data shows that people in their 50s make up the largest share of these major crypto holders, followed by those in their 40s and 60s. Interestingly, investors in their 20s, while fewer in number, boast the highest average crypto assets per person, signaling a strong enthusiasm for digital wealth among younger generations.

Major crypto exchanges such as Upbit, Bithumb, Coinone, Korbit, and Gopax are central to this ecosystem, collectively serving tens of millions of users. Upbit, in particular, dominates the high-net-worth segment, highlighting a trend toward platform concentration.

As cryptocurrency firmly establishes itself in the mainstream of South Korean finance, it is not only attracting individual investors but also reshaping investment strategies across generations. The participation of affluent individuals continues to drive crypto into the core of the country’s wealth-building and financial planning, setting the stage for South Korea to remain a leading hub in the global digital asset market.