Gen Z Crypto Ownership Surges Past 50%

A new survey by Gemini reveals that 51% of Gen Z adults worldwide now own or have owned cryptocurrency. The findings come from Gemini's 2024 State of Crypto Report, conducted between May and July 2024.

The survey polled 6,000 adults across the United States, United Kingdom, France, Singapore, and Turkey. Among Gen Z respondents aged 18 to 29, 51% said they own or have previously owned cryptocurrency, compared to 35% reported by the general population.

In the U.S. alone, Gen Z ownership matched 51%, ahead of Millennials at 49% and Gen X at 29%. One in three U.S. Gen Z respondents said they would feel comfortable putting at least 5% of their portfolio into crypto, compared to 21% of the broader population.

Gen Z also showed a different attitude toward oversight, with only 31% strongly agreeing that the industry needs more government regulation, compared to 46% of the general population.