A majority of investors who have both cryptocurrencies and equities say digital assets will surpass shares in the long term, according to a new study from the Crypto Exchange Kraken.
The survey of more than 1,000 US adults published on Thursday found that 65% of double assets investors expect crypto to deliver stronger growth than shares over the next 10 years. Only 35% favored shares.
Almost 70% said they are planning to increase their crypto allocations in the coming year, with men showing stronger convictions than women (74% against 59%).
Over the past 12 months, digital assets have also surpassed for many investors: 42% reported that their Crypto Holdings beat their stock portfolios compared to 31%, which shares work better.
Levels of trust also flip the crypto, where 61% of respondents say they have grown more secure on digital assets against 53% for shares.
Crypto also seems to appear as a “crisis trade.” When asked where they would award fresh capital under global uncertainty, 33% chose crypto, 20% said shares and 19% chose cash.
Mark Greenberg, Kraken’s global consumer manager, said the data reflects a shift in portfolio construction.
“Double assets investors no longer treat crypto as a speculative outlier. They consider it a core growth driver,” he said in e-mail comments
The results come as crypto exchanges, including Kraken, move on to traditional funding by offering shares that deal with digital assets, a sign of how the lines between the two markets are increasingly blurrying.
Read more: Kraken debuting derivatives trading in the USA plan expansion to raw materials, equity futures
