Active users of South Korea’s registered exchanges increased by 390,000 to 6.45m (about 10% of the population) by the end of 2023.

Other key findings by the Korea Financial Intelligence Unit (KOFIU) include:

⚫99% of investors were identified as "individuals"

⚫About 60% of investors were in their 30s-40s

⚫Daily average trading volume increased by 24%, reaching 3.6tr won ($2.6bn)

⚫Total crypto holdings by exchanges surged by 53%, reaching 43.6tr won ($32.4bn)