Despite near-universal crypto awareness in Singapore at 94%, actual ownership has dropped to 29%, highlighting a shift toward safer, traditional investments.
According to a recent survey by Independent Reserve, an exchange licensed by MAS, knowledge of cryptocurrencies has increased to an all-time high in Singapore, with 94% of citizens now understanding the idea.
However, digital asset ownership has drastically decreased despite this broad understanding. As compared to 40% in 2024, only 29% of Singaporeans now own or have held cryptocurrency in the previous 12 months, according to the research.
Survey of 1,500 Singaporeans in Feb 2025 reveals major shift in public sentiment toward crypto.
A significant change in public opinion is indicated by the survey, which was completed by 1,500 inhabitants in February 2025.
In light of global economic worries such interest rate volatility, geopolitical tensions, and inflationary pressures, analysts conclude that Singaporeans’ more conservative financial stance is the reason for the fall in ownership.
It’s possible that these considerations caused many people to steer clear of riskier investments, like cryptocurrency assets.
Independent Reserve noted that while fewer Singaporeans are actively investing in cryptocurrencies, overall awareness and understanding continue to grow.
This suggests that while short-term enthusiasm may have dampened, the long-term potential for adoption remains strong, especially if market stability improves and regulatory clarity increases.
With Singapore positioning itself as a regulated hub for digital assets, the groundwork is being laid for renewed trust and participation, possibly setting the stage for a rebound in adoption as market conditions evolve.
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Singaporeans shift focus from crypto to traditional low-risk investments, says Independent Reserve
Many Singaporeans are turning their attention away from cryptocurrency and toward more conventional, low-risk investing options, according to the Independent Reserve.
According to the survey, 49% of participants currently hold their money in fixed deposits or savings, which is a significant rise from 42% in 2024.
A growing demand for capital preservation in the face of persistent global economic instability is reflected in this trend.
According to the survey, investors are growing increasingly cautious and diversifying their portfolios across safer asset types in order to properly manage risk.
Many have shifted to a more defensive financial approach, prioritizing stability above speculative gains, as a result of rising interest rates and market instability.
This change demonstrates how Singaporeans’ investment habits are shifting as they adjust to the changing economic landscape.
Crypto ownership drops in Singapore mimics broader trend
The decline in cryptocurrency ownership among Singaporeans reflects a broader pullback from riskier assets amid economic uncertainty. Investors are increasingly cautious, reducing exposure to volatile markets to protect their portfolios.
According to the survey, Singapore’s crypto investors are now favoring “high-quality assets” — those with strong fundamentals and proven resilience during market fluctuations.
This shift indicates a preference for stability and long-term value over speculative opportunities.
As global markets face ongoing challenges, many investors prioritize assets that can better withstand volatility.
This trend aligns with the overall move toward more conservative investment strategies, as individuals seek to manage risk and safeguard their financial health in uncertain times.