Global cryptocurrency millionaires have reached 241,700 individuals, marking a 40 per cent surge over the past year as digital asset valuations soar to unprecedented levels.
The Crypto Wealth Report 2025 by Henley & Partners reveals that Bitcoin millionaires increased by 70 per cent year-on-year to 145,100 holders, while the total market capitalisation climbed 45 per cent to $3.3 trillion by June 2025. Ultra-wealthy crypto holders also expanded significantly, with 450 centi-millionaires controlling portfolios exceeding $100 million and 36 billionaires representing increases of 38 per cent and 29 per cent respectively.
Dominic Volek, Group Head of Private Clients at Henley & Partners, highlighted how cryptocurrency challenges traditional financial structures. “While roughly USD 14.4 trillion worth of wealth crossed national borders in 2024, the entire architecture of modern finance assumes that money has a home address — but cryptocurrency doesn’t,” he explained.
The transformation extends beyond speculation into institutional foundation-building. Philipp A. Baumann, Founder of Z22 Technologies, noted that “Bitcoin is becoming the foundation of a parallel financial system, where [it] is not merely an investment for speculation on fiat price appreciation, but the base currency for accumulating wealth.”
Samson Mow, CEO of JAN3, emphasised the fundamental difference between traditional and digital money systems. “Over any long-time horizon, fiat currency has one destiny: infinity. Bitcoin, on the contrary, has the opposite: 21 million,” he observed.
High-net-worth crypto holders increasingly pursue global mobility strategies, according to Catherine Chen, Head of VIP & Institutional at Binance, who noted that “this new, mobility-driven class of investors is increasingly turning to citizenship by investment programs as a strategic route to geographic and financial flexibility.”
The Henley Crypto Adoption Index evaluates 29 investment migration programmes across the regulatory environment, tax policies, and technological infrastructure. Singapore leads with exceptional infrastructure and innovation scores, followed by Hong Kong, the United States, Switzerland and the UAE, which achieves perfect tax-friendliness ratings with zero levies on crypto activities.
Andrew Amoils, Head of Research at New World Wealth, identified shifting preferences among wealthy individuals. “We’re also seeing crypto and gold emerge as the preferred alternative assets for the world’s wealthy. In previous decades, precious stones like diamonds were widely used to move money discreetly across borders thanks to their portability. Today, crypto and gold have largely taken their place as the modern stores of portable wealth.”
Emerging destinations, including St. Kitts and Nevis, Antigua and Barbuda, Thailand, and Malaysia, have developed strategies to attract mobile digital asset investors through regulatory frameworks and tax incentives.
