Study: 25% of affluent millennials use or hold cryptocurrency
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Edelman, a global communications marketing firm, released a study of 1,000 affluent millennials and their views on money and finance. The study defines affluent millennials as aged 24-38, making $100,000 in individual or joint income, or having $50,000 in investable assets. According to the study, 25% of affluent millennials use or hold cryptocurrency, 31% are interested in using cryptocurrency, and 74% believe technological innovations like blockchain will make the global financial system more secure. (Source: Edelman)
AUTHOR
Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
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