Singaporeans demonstrate high cryptocurrency adoption with over 40 per cent ownership, Big Eyes Coin NFT Collection experiences significant demand
Apr 13, 2023
New Delhi [India], April 13 (ANI/ATK): The latest survey conducted by Independent Reserve reveals that Singaporeans are increasingly interested in cryptocurrencies, with 43 per cent of the respondents owning some form of a digital asset. This percentage has risen slightly from last year's survey, which reported a 40 per cent ownership rate. The study, which collected responses from 1,500 participants, highlights that investors in Singapore are interested in cryptocurrencies for various reasons, with diversification being the primary motivation. The majority of respondents (77 per cent) also reported investing in multiple cryptocurrency assets, indicating a diverse portfolio.