S'pore non-retail investors plan to boost crypto holdings in 2025

57% here intend to raise crypto allocations, higher than global average of 47%: Survey

- Claire Huang

Professional and institutional investors in Singapore are looking to make cryptocurrency a bigger part of their portfolios in 2025, buoyed by better sentiments.

A poll by Singapore- and Zurich-based digital asset banking group Sygnum released on Nov 14 found that more than half, or 57 per cent, of the 121 Singapore-based respondents intend to raise their crypto allocations.

This is higher than the global average of 47 per cent.

About 65 per cent of the Singapore-based participants said they have greater risk appetite for cryptocurrencies.

The key reasons for increasing their crypto investments are the long-term investment case for digital assets and blockchain technology, portfolio diversification and yield generation.

The survey also found that the crypto industry's lack of regulatory clarity is no longer a top barrier to entry for Singapore investors.

Only 30 per cent of respondents chose this as a primary barrier, compared with 45 per cent who cited security and custody concerns. Custody refers to the methods used to protect crypto assets from threats such as scammers and hackers.