Latest Information Revealed About the Cryptocurrency Assets of Billionaires in the United Arab Emirates

The traditional wealth management world, once averse to cryptocurrencies, is facing a surge in demand for digital assets from its wealthy clients, particularly in financial hubs like Dubai, Switzerland and ￰0￱ growing pressure is forcing private banks and asset managers to integrate crypto services into their portfolios. A survey of 3,851 investors and 456 wealth management professionals conducted by Switzerland-based software firm Avaloq during the February-March 2025 period revealed that 39% of high-net-worth individuals in the United Arab Emirates own crypto assets, but only 20% of them invest through a traditional asset ￰1￱ for its oil wealth, low-tax structure, and foreign investor-friendly environment, the UAE has become one of the world's most important crypto centers, particularly thanks to the Virtual Assets Regulatory Authority (VARA), which Dubai established in ￰2￱ News: Watch Out: Binance Removes 18 Altcoins from Pre-Listing Pool - They Decided Not to List Them The main reasons for the corporate finance world's shyness away from crypto are technical risks like high volatility, complex technology, and wallet ￰3￱ to Avaloq data, the main concerns of UAE investors who don't own crypto are market volatility (38%), lack of knowledge (36%), and distrust of exchanges (32%).

With the crypto market rebounding and Bitcoin reaching new record highs, the number of crypto millionaires worldwide has reached 241,700, a 40% increase from last ￰4￱ to the Henley & Partners Crypto Wealth Report 2025, the top five countries for digital asset investors are Singapore, Hong Kong, the US, Switzerland, and the UAE. *This is not investment ￰5￱ Reading: Latest Information Revealed About the Cryptocurrency Assets of Billionaires in the United Arab Emirates