Domestic Virtual Asset Investors Surpass 15 Million... Holdings Reach 100 Trillion Won

The number of domestic virtual asset (cryptocurrency) investors has surpassed 15 million.

According to data submitted by Lim Gwang-hyun, a member of the National Assembly's Planning and Finance Committee from the Democratic Party of Korea, from the Bank of Korea, as of the end of November, the number of domestic virtual asset investors was 15.59 million, an increase of 610,000 from the end of October.

The number of domestic virtual asset investors slightly increased from 14.74 million at the end of July, 14.82 million at the end of August, 14.88 million at the end of September, and 14.98 million at the end of October, before jumping significantly in November.

Meanwhile, as of the end of November, the total amount of virtual assets held by domestic investors reached 102.6 trillion won based on market valuation.

The total holdings maintained a similar level at 58.6 trillion won at the end of July, 50.6 trillion won at the end of August, 54.7 trillion won at the end of September, and 58 trillion won at the end of October, before increasing significantly to 102.6 trillion won at the end of November.

Meanwhile, as the size of the domestic virtual asset market grows, it has become comparable to the domestic stock market.

The average daily trading volume of domestic virtual asset exchanges in November reached 14.9 trillion won. This is almost similar to the combined total of the KOSPI market (9.9214 trillion won) and the KOSDAQ market (6.9703 trillion won) in the same month.