Almost 80% of Crypto Hodlers Would Support Web3-pro Candidate, Says a16z
Main page News, Crypto Market, Cryptocurrency
Hot topic
Dec. 22, 2021

Andreessen Horowitz (a16z), a venture capital giant, has found that one in five Americans now hodl cryptocurrencies. According to a recently survey where 2,191 Americans were interviewed, 20% of the respondents said they own cryptocurrency. The Menlo Park-based company found that almost 90% of cryptocurrency hodlers say they joined the industry to have "more direct control over my money."

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

"Crypto owners are increasingly diverse, well-researched, and forward-looking. This is not just a fad — it is also about having more control over your assets," a16z said in a report.

Survey: 40% of Mastercard Users Intend to Use Cryptos

Moreover, the survey demonstrated high interest of cryptocurrency owners in Web3, as 79% of voters said they would be more likely to vote for a candidate that supports Web3 technology. Another 17% said they are "much more likely" to vote for the candidate.

In April this year, a research firm Piper Sandler found that approximately 7,000 US teens (9% of all respondents) traded cryptocurrencies. According to the survey, teens were still using cryptocurrencies mostly for spending. For example, the top spending priority was food.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

Read also:
Please describe the error