Zac Prince, head of Galaxy Digital’s banking division, Galaxy One, noted that the next wave of cryptocurrency adoption will come as younger generations inherit the wealth of their parents and grandparents.
Speaking on the Milk Road show, Prince said that once this large asset transfer begins, a meaningful portion could move into digital currencies.
Prince noted that younger people often express frustration over the concentration of wealth among older generations. He added that when inheritance eventually shifts, “the preferences of younger folks are going to matter more”.
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According to a 2025 global wealth report from UBS, Americans hold about $163 trillion in total wealth. Baby boomers, those born between 1946 and 1964, control more than half of that amount, around $83.3 trillion.
Prince stated that, as this group ages, the resulting asset transfers could have a major effect on investment patterns.
He also pointed out that younger investors are more comfortable using technology than their elders, which could make them more open to investing in digital assets.
Prince explained that the ease of new investing apps is helping to reshape how people manage money.
He said, “Multiple kinds of products in one place, really intuitive user interface versus the traditional, you have to pick up a phone and call your broker to or schedule a meeting with your financial adviser to get anything done”.
Meanwhile, Brian Armstrong, CEO of Coinbase
$1.96B
, shared his thoughts on how Bitcoin
could help keep the US dollar strong. What did he say? Read the full story.
