Survey Shows Under-55s Leading Crypto Ownership While Risk-Averse Strategies Rise Among Seniors
Singapore’s cryptocurrency landscape is undergoing a notable generational shift, with younger investors now making up the majority of digital asset holders in 2025. A new survey by crypto exchange Independent Reserve has revealed that individuals under the age of 55 represent the bulk of crypto investors, with those over 55 increasingly retreating from the market amid rising global uncertainties.
The poll, conducted in February and released on May 21, shows that 27% of crypto holders in Singapore are aged 26 to 35, up from 25% the previous year. Those aged 36 to 45 now comprise 24%, compared to 23% in 2024. Meanwhile, young adults aged 18 to 25 also saw growth, rising from 15% to 18%. In contrast, just 10% of current crypto holders are over the age of 55, a steep drop from 24% last year.
According to the findings, nearly half—46%—of Singaporeans aged over 55 sold part or all of their crypto holdings over the past 12 months. The move comes as many older investors seek to reduce risk in response to ongoing macroeconomic uncertainties.
“We’re seeing the market maturing, investors being more focused and selective in their investment decision-making process,” said Mr Perera, chief executive of Independent Reserve Singapore.
The survey also revealed that 59% of investors who made a profit from crypto are likely to reinvest over the next 12 months. In contrast, only 45% of those who broke even said they would consider re-entering the market, while just 25% of those who incurred losses would do the same.
Portfolio diversification remains the main driver of crypto investment, with 48% citing it as their primary reason—though this figure has declined from 52% in 2024. Additionally, 42% view crypto as an investment tool, while 38% are in it for trading opportunities.
Investor behaviour has also shifted in terms of investment size. Of those buying crypto when the market dips or using spare cash, 41% invest between $1 and $100. Another 24% spend between $101 and $500, while 14% allocate between $501 and $1,000. Those investing more than $1,000 account for 21% of respondents.
As broader economic concerns take hold, Singaporeans are gravitating towards safer financial strategies. The survey noted that 49% of respondents now keep cash in savings or fixed deposits, up from 42% a year ago.
Stablecoins are also gaining traction. About 83% of stablecoin holders own assets pegged to the US dollar, while 20% hold coins pegged to the Singapore dollar. Notably, half of stablecoin users reported using them for everyday transactions such as subscriptions, purchases, or overseas transfers.
With a clear generational divide and rising caution among older investors, Singapore’s crypto market appears to be entering a more measured and pragmatic era—driven largely by the tech-savvy under-55s navigating a rapidly evolving digital economy.
