Galaxy Digital Executive Predicts Increased Cryptocurrency Adoption Driven by Demographics
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Wealth Transfer Impact: Zac Prince, head of Galaxy Digital's banking arm, highlights that as older, conservative investors pass on their wealth, the younger generation's interest in cryptocurrencies will drive market acceptance, potentially altering capital allocation strategies.
- Generational Differences: According to UBS's global wealth study, the total wealth of U.S. citizens is approximately $163 trillion, with baby boomers holding about $83.3 trillion, while 25% of younger investors own non-traditional assets compared to only 8% of older investors.
- Technology-Driven Convenience: The younger generation's increased exposure to technology enhances the ease of crypto trading, as new apps facilitate immediate buying and selling of digital assets, thereby attracting more young investors into the market.
- Changing Attitudes Among Older Investors: Despite their initial hesitance, surveys indicate that by 2025, a significant portion of investors over 60 are willing to explore substantial investments in cryptocurrencies, surpassing the national average, suggesting a gradual market potential release.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






