A new study reveals that Millennials and Gen Z are increasingly turning to cryptocurrencies and NFTs as investment vehicles, rather than traditional real estate. The study, conducted by Protocol Theory and Easy Crypto, found that 50% of Kiwis have owned or plan to own crypto. The study also shows that 60% of respondents could invest small amounts in crypto, compared to only 16% in real estate.
Despite the growing interest, the study also highlighted that 72% of people who haven't invested in crypto don't know how to start, and 50% believe crypto service providers should be regulated. This shift in investment preference could lead to a larger, more regulated crypto industry in the future, potentially benefiting the financial situation of the public while growing one of the most innovative modern sectors.