TechFlow news, on January 7th, according to a Cointelegraph report, Zac Prince, head of Galaxy Digital's banking business Galaxy One, stated that as the wealth of the older generation gradually passes down to younger descendants, the large-scale adoption of cryptocurrencies may only be a matter of time.
According to estimates by UBS, Americans collectively hold $163 trillion in wealth, with the baby boomer generation (born 1946-1964) accounting for more than half, possessing $83.3 trillion in assets. Coinbase's fourth-quarter cryptocurrency status report shows that young investors are three times more likely to hold cryptocurrencies than older investors, with approximately 25% of young traders holding non-traditional assets.
Prince pointed out that the younger generation's affinity for technology will benefit the development of the cryptocurrency industry.
