Customer profile of companies that offer cryptocurrency services 2020, by region
Cryptocurrency services in Europe and North America had relatively less retail clients than in other parts of the world in 2020. North American and European cryptocurrency firms such as trading or wallets mentioned that year that an average of 70 and 63 percent percent of their clients, respectively, were private individuals. This is a contrast to Asia Pacific, where three out of four clients consisted of individual clients. Institutional investors - such as crypto hedge funds, online merchants or miners - made up an average of roughly 15 percent of the client base of cryptocurrency services in Asia Pacific, against 30 percent in both North America and Europe.
