Sygnum report: Singapore may become the next crypto hot money gathering place

A new survey by Sygnum, a global digital asset bank, reveals that Singaporean investors are more likely to increase their cryptocurrency investments in 2025 compared to investors in other regions. The study found that 57% of Singaporean institutional investors plan to increase their long-term crypto asset holdings, compared to the global average of 47%.

This indicates that Singapore is becoming an attractive destination for cryptocurrency investments in the coming years. The survey also highlights that the lack of regulatory clarity (30%) and security and custody issues (45%) are the biggest concerns for potential investors. Singapore’s regulatory environment has been supportive of blockchain technology and cryptocurrency, but the need for better information and understanding of digital assets remains a major barrier.

The increasing interest in cryptocurrencies is driven by the potential for long-term growth and diversification of investment portfolios. Singaporeans are optimistic about the future of crypto investments, with 60% planning to invest in the market in 2025. The top reasons for investing in cryptocurrencies include exposure to the crypto trend (56%), portfolio diversification (41%), and potential returns (39%).

Overall, the survey results show that Singaporean investors are enthusiastic about the potential of cryptocurrencies and are willing to allocate a larger portion of their portfolios to these assets in the future. However, better information, improved regulatory clarity, and enhanced security measures will be crucial to drive further growth in the cryptocurrency market in Singapore.

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