EU investors rank crypto above retirement plans for lasting wealth creation: OKX survey

European investors have ranked crypto above retirement plans for lasting wealth creation, according to a recent OKX survey. Out of 1,932 adult respondents who previously invested in crypto, 19% chose cryptocurrencies, while 8% opted for traditional retirement plans. In contrast, US investors still prefer traditional retirement plans, with only 12% choosing cryptocurrencies compared to 21% selecting retirement accounts.

Real estate topped the list as the most significant asset for lasting wealth, with 34% of respondents selecting it as the primary choice. Younger Europeans have shown concerns about the adequacy of their retirement plans, with 43% of those aged 18 to 35 expecting their pensions to fall short. However, as investors under 45 in both the US and Europe treat crypto as part of their long-term wealth, it indicates that crypto is becoming an integral part of their financial considerations.

Nearly half of European investors plan to increase their crypto holdings, with 13% expecting a significant increase. While boomers remain more pessimistic about crypto's importance in generational wealth building, with 65% of US boomers and 55% of European boomers expressing that crypto is not crucial for wealth generation.