The number of ultra-wealthy crypto individuals has been rising sharply thanks to the surge in Bitcoin, a new report from Henley & Partners revealed.
Key takeout
- Globally, there are now 241,700 crypto billionaires, marking a 40% increase in just one year.
- The number of centimillionaires, or those with crypto assets over US$100 million, has grown by 38% to 450. There are currently 36 crypto billionaires, which is a 29% rise.
- Bitcoin billionaires have surged by 70% compared to the previous year, totaling 145,100. Overall, the crypto market’s valuation is now at USD 3.3 trillion, up by 45% over the year.
- Singapore leads in crypto adoption, ranking first based on recruitment, infrastructure, regulations, and tax benefits. Hong Kong follows in second, while the US ranks third. Australia sits at 10th place with a score of 36 out of 60.
Important background
Bitcoin prices are currently seeing their highest levels ever, around $172,312, leading to a 40% increase in individuals holding over USD 1 million in cryptocurrency over the past year.
There are, indeed, 450 centimillionaires in this space, an increase of 38% since last year, with 36 of them classified as billionaires.
According to Henley & Partners’ 2025 Crypto Wealth Report, this growth among ultra-rich crypto holders aligns with notable regulatory changes, including the introduction of cryptocurrencies by public figures like Donald Trump and Melania Trump, who launched their coins earlier this year. As of now, Trump Coin is valued approximately at US$7.70 with a market cap of US$1.54 billion.
Important Quotes
“While around US$14.4 trillion worth of wealth changed hands in 2024, the entire financial system assumes that money has a physical address, but cryptocurrencies don’t follow that norm.”
“For centuries, wealth was about being anchored to a place. Even in digital banking, a home address and tax identification were prerequisites. Nowadays, cryptocurrency makes geography irrelevant.”
What should I see
The growth of wealthy crypto holders is driving an increase in mobility-driven investments, particularly through citizenship by investment programs.
“145,100 Bitcoin billionaires (about 60% of all crypto billionaires) are increasingly exploring investment opportunities in places like Malta and the UAE. Alternative settlements and citizenship programs provide legal clarity and access to innovation, allowing their crypto wealth to interact effectively with traditional financial systems.”
Additionally, cryptocurrency is evolving into a favored alternative asset class. Historically, items like diamonds have served as discreet ways to transfer wealth across borders, but now, crypto assets and gold are stepping into that role as modern, portable alternatives.
Interesting facts
In the Henley & Partners 2025 Crypto Adoption Index, Singapore topped the list with a score of 48.4 out of 60. The Index evaluated public and infrastructure adoption, regulatory frameworks, and economic factors. Singapore’s regulatory environment and infrastructure have received commendations for effectively balancing innovation with compliance. Here’s the list of the top 10:
- Singapore (48.4)
- Hong Kong (45.7)
- America (43.4)
- Switzerland (43.1)
- UAE (42.9)
- Malta (40.9)
- UK (40.4)
- Canada (39.6)
- Thailand (37.1)
- Australia (36.0)
Tangent
Interestingly, according to Henley & Partners’ passport index, Singapore not only excels in crypto adoption but also boasts one of the most powerful passports, allowing its citizens visa-free access to 195 countries in 2025.
Meanwhile, Australia’s passports are ranked sixth, providing access to 189 countries, a notable distinction tied to Greece.
