Gen Z Investors Flock to Crypto as Gateway to Financial Markets

Young Indians are increasingly turning to cryptocurrency as their entry point into investing, according to WazirX data. Nearly 44.4% of Gen Z investors on the platform started their investment journey through crypto.

The platform found that these young investors are also starting early and treating crypto as one component of a broader wealth-building strategy. They are allocating 59% of their portfolios to utility-focused categories, including DeFi, Layer-2 ecosystems, and payment tokens.

Memecoins make up just 16% of Gen Z portfolios on WazirX. The data suggests that younger investors are willing to take on risk, but also have a long-term mindset and prioritize research before making investment decisions.