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Wealth Tracker: What's driving the crypto boom in APAC markets?

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Cryptocurrency adoption is surging in Asia-Pacific (APAC), with retail investors outpacing those in the US and Europe in Bitcoin trading.

According to Gemini’s latest report, Bitcoin’s retail trading in APAC grew 6.4% year-on-year in January 2024, highlighting the region’s growing influence in the crypto market.

And beyond Bitcoin, Ethereum (ETH) and Solana (SOL) are seeing strong capital inflows, with Solana emerging as one of the fastest-growing blockchain ecosystems.

So as crypto adoption accelerates, key questions arise: What’s fuelling this growth? And what’s next for the industry?

On The Wealth Tracker, Hongbin Jeong speaks to Kunal Chowdhury, CEO of Apollo Investments Singapore, to find out.

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