FameEX Hot Topics | Record Number of Crypto Millionaires as Institutional Adoption Hits Milestone

Henley & Partners, a wealth and citizenship advisory firm, has released a new report showcasing a dramatic increase in the number of crypto millionaires around the world. The report reveals that the number of crypto millionaires has risen by 40% year-on-year, reaching a total of 241,700 by mid-2025. This surge is largely driven by Bitcoin’s impressive price rally, along with the broader cryptocurrency market crossing a $3.3 trillion valuation. The Henley & Partners Crypto Wealth Report, released on Tuesday, highlights a key factor behind this growth: growing institutional adoption of cryptocurrencies, especially among public companies and major financial institutions, particularly in the United States.

The growth in crypto wealth is not confined to millionaires alone. The report also reveals that the number of crypto centimillionaires—individuals holding more than $100 million in cryptocurrency—has increased by 38%, reaching 450 individuals by mid-2025. Additionally, the number of crypto billionaires has seen a significant rise of 29%, reaching 36 by the end of June 2025. Henley & Partners credits this expansion to a banner year for institutional investments, as policies from the Trump administration helped build confidence on Wall Street. These policies, in turn, have encouraged larger investments into the market, with notable inflows into Bitcoin and Ethereum exchange-traded funds (ETFs) in 2025.

Bitcoin has played a central role in this rapid rise in crypto wealth. The number of Bitcoin millionaires, for instance, grew by 70% over the past year, bringing the total to 145,100. This growth coincides with a strong performance in the Bitcoin market between July 2024 and June 2025, where Bitcoin outpaced the broader crypto market. The number of Bitcoin centimillionaires also surged by 63%, reaching 254, while Bitcoin billionaires increased by 55%, reaching 17. Experts, including Phillipp Baumann, founder of Z22 Technologies, suggest that Bitcoin’s emergence as the “base currency for accumulating wealth” has been a major factor in attracting new investors, further fueling the growth in crypto wealth.

Despite the increasing number of wealthy crypto investors, global adoption of cryptocurrency has remained relatively modest. The total number of crypto users worldwide has grown by just 5%, reaching 590 million. Henley’s research, which utilized in-house models and data from platforms like CoinMarketCap and Ethereum block explorers, also examined trends in crypto migration. The report highlights Singapore, Hong Kong, and the United States as the top destinations for crypto investors seeking to relocate, with Switzerland and the UAE rounding out the top five in Henley’s Crypto Adoption Index.

In addition to these major hubs, smaller nations such as Costa Rica, El Salvador, Greece, Latvia, Panama, New Zealand, and Uruguay are emerging as attractive destinations for digital asset investors. These countries have crafted strategies that foster crypto-friendly environments, offering policies and incentives to draw investors looking for favorable tax regimes and regulatory conditions. As the crypto market expands, Henley predicts that these emerging destinations will play an increasingly significant role in shaping the future of crypto wealth and adoption on a global scale.

Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.