1 Billion Crypto Users in Less Than 10 Years, Research Says

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The BCG, Bitget, and Foresight Ventures forecasted that the milestone of one billion cryptocurrency users will be hit by 2030.

A joint study conducted by Boston Consulting Group , Bitget, and Foresight Ventures revealed that digital asset adoption is still in its early days. If the trend continues, the total number of cryptocurrency users should tap one billion by 2030, the entities asserted., crypto adoption is still at its basic point as only 0.3% of the total individual wealth is distributed in the asset class. In comparison, 25% of people’s funds are allocated to equities such as shares of private companies.

Despite the low adoption rate and the recent market downturn, BSG, Bitget, and Foresight Ventures expect a new wave of people to join the digital asset universe in the following years. Comparing the asset class to the Internet’s development in the 1990s, the entities calculated that the number of crypto users is likely to reach one billion by 2030.

 

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