The market capitalization of virtual assets deposited by domestic virtual asset operators has exceeded 100 trillion won. The number of transaction users is nearing 10 million.
On the 20th, the Financial Services Commission announced the results of the 2024 second half survey on virtual asset operators, which included this information. According to the Financial Services Commission, as of the end of last year, the market capitalization of deposited virtual assets from 25 domestic virtual asset operators (17 exchanges and 8 custodians) was reported to be 107.7 trillion won. This reflects an increase of 51.2 trillion won compared to the end of the first half of last year (56.5 trillion won).
The number of transaction users increased by 1.92 million, from 7.78 million in the first half of last year to 9.7 million at the end of last year. Among all users, individuals in their 30s comprised the largest proportion. This increase in the market capitalization of deposited assets and user numbers for domestic operators is interpreted as being related to the global rally in virtual asset prices driven by last year's U.S. presidential election and the election of Donald Trump as U.S. president.
The total operating profit of the 25 operators was recorded at 741.5 billion won at the end of last year. The average daily transaction volume of virtual assets reached 7.3 trillion won, and the deposits in won amounted to 10.7 trillion won.