TechFlow to a report by Cointelegraph on January 7, Zac Prince, head of Galaxy Digital's banking business Galaxy One, said that as the wealth of the older generation is gradually passed on to the younger generation, the large-scale adoption of cryptocurrencies may only be a matter of time.
According to UBS estimates, Americans hold a total of $163 trillion in wealth, with baby boomers (born between 1946 and 1964) accounting for more than half, owning $83.3 trillion. Coinbase's Q4 cryptocurrency status report shows that younger investors are three times more likely to hold cryptocurrencies than older investors, and approximately 25% of young traders hold non-traditional assets.
Prince pointed out that the younger generation's affinity for technology will benefit the development of the crypto industry.
