The Crypto Adoption in New York and Netherlands
Crypto Investors in New York
According to Coinbase, 19 percent of all New Yorkers have exposure to crypto. Additionally, the state of New York has 692 blockchain organizations with over 800 founders. Since the beginning of 2020, 52 percent of Fortune 100 companies have pursued crypto, blockchain, or Web3 initiatives.
New York: A Hub for Crypto Initiatives
Tech, financial services, and retail account for the majority (approximately 75 percent) of initiatives taken by Fortune 100 companies since Q1 2020. Many of these companies are based in New York.
Moreover, New Yorkers are optimistic about the possibilities of crypto. A study conducted by Morning Consult for Coinbase revealed that one in three New Yorkers agrees that “cryptocurrency makes the financial system fairer” and that it is a “valuable investment for the future.”
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Crypto Ownership in the Netherlands
Comparing the number of crypto owners in New York with our own country, the Netherlands, might be interesting. However, it is important not to make a direct comparison due to the difference in population size.
An article on Crypto Insiders discussed the number of Dutch individuals owning crypto. Based on a survey conducted among over 11,000 Dutch citizens, it was concluded that 20 percent of them have digital assets. Furthermore, 15 percent of the population actively trades with crypto.
In 2018, the percentage of crypto investors in the Netherlands was only 3 percent. Therefore, the adoption has significantly accelerated in recent years, bringing the current percentage in line with that of New York.
Conclusion
New York and the Netherlands both have a significant number of individuals involved in the crypto space. While 19 percent of New Yorkers have exposure to crypto, 20 percent of Dutch citizens own digital assets. This data showcases a growing interest and adoption of cryptocurrency worldwide.