US Millennials and Gen Z Show The Most Interest In Crypto Due to Rising Financial Insecurity

21.02.2022 20:18
by Nina Petrov
1 min read

According to a report recently published by Morning Consult, millennials are the generation that is most interested in DeFi.  

One of the reasons for such interest seems to be the reduced financial well-being that particularly affects this generation. However, Gen Z adults are joining millennials in their interest in cryptocurrencies, in the context of rising financial vulnerability that hits them as well.

More than any other generation, millennials are much more likely to seek financial advice, sometimes from several sources at once. Also, they tend to be more socially aware and financially responsible.

Almost one-half of millennials own some kind of crypto asset, which is a number equal to the number of people who have a certificate of deposit. This comparison, along with many other findings from the Morning Consult report, is the indicator that crypto assets are entering the mainstream.

Author

  • Nina Petrov is a theoretical mathematician, passionate about new trends in the global economy and blockchain technology. She is a devoted content creator and editor, crypto-enthusiast and stock market analyst.

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