The cryptocurrency market and industry have seen exponential growth in the past decade, reaching new milestones every year. In 2024, the global crypto investors population unprecedently surpassed the half-a-billion mark, led by Asia and North America.
According to a recent study by Triple-A, there are 562 million crypto investors, up from 420 million in 2023.
Moreover, the United Arab Emirates (UAE), Singapore, and Turkey lead the global population of investors in cryptocurrencies. In particular, one-third of these investors are between 24 and 35 years old, and 326.8 million are in Asia.
Global distribution of cryptocurrency ownership 2024. Source: Triple-A
Crypto investors population is higher than the United States population
Notably, the number of cryptocurrency investors has surpassed the United States population by a large margin. Furthermore, the 339.99 million U.S. citizens is just slightly larger than what the study revealed for Asia’s investors. United States population data is from Worldometers in 2023.
World’s top 5 larger populations (2023). Source: Worldometer
This evidences the relevancy of cryptocurrencies among the world’s population and how they can influence modern society from different perspectives. For example, crypto investors could, apparently, be already influencing this year’s United States presidential election.
Additionally, summing up the fourth and fifth countries with the largest population in 2023 still results in a smaller population than the reported global crypto investors’ crowd. Indonesia had 277.53 million people in 2023, while Pakistan had 240.58 million, totaling 518 million—a smaller “half-a-billion.”
However, this number only reflects the cryptocurrency investors identified by Known Your Customer (KYC) services. It is known that a relevant amount of crypto users are likely not identifiable by focusing on financial privacy, which is a fundamental human right highly recognized by respected global entities like the United Nations (UN).
Therefore, we can conclude that cryptocurrency enthusiasts are probably larger than the reported half a billion owners. A number is likely to grow within the expected bull market and increase crypto adoption as a means of payment.
