Nexo report: Security and fees constrain high-net-worth investors to deepen their use of cryptocurre

近67%的高净值投资者持有加密货币，但仅4.7%将其深度融入长期财务规划

根据Nexo最新发布的研究报告，在美国、英国和阿根廷，近67%的高净值投资者拥有加密货币资产。然而，仅有4.7%的受访者将数字资产深度整合到其长期财务规划中。尽管持有率较高，但平均“加密货币整合指数”得分仅为10分制中的4.83分。

该报告指出，安全顾虑、高昂的费用以及平台复杂性是阻碍高整合度投资者进一步深入使用加密货币的主要摩擦因素。值得注意的是，美国市场虽然在这三个 surveyed 市场中加密货币持有率最低，但其整合程度却是最深的。

所有权普遍，但整合程度有限

Nexo于2026年2月至3月通过研究平台Attest对1,000名高净值投资者进行了调查。参与者的流动资产门槛设定为：美国和英国至少10万美元，阿根廷至少4万美元。这一标准旨在捕捉每个市场中可投资财富排名前25%至30%的投资者群体。

调查显示，持有数字资产的投资者比例相当高，约占受访者的三分之二。然而，他们在Nexo新推出的“加密货币整合指数”上的平均得分仅为4.83/10。该指数由五个权重相等的因素构成：配置规模、持有期限、退休计划整合、传统资产替代情况以及感知风险。

The report shows that investors with scores close to the average (4.83) typically hold smaller crypto positions, have shorter holding periods, and do not include them in their retirement plans. Only 4.7% of respondents scored 7 or above. Nexo classifies these high-scoring investors as "structural integrators," meaning that their crypto positions are typically held for longer periods of time, partially replacing traditional asset allocations, and have become part of long-term financial planning.

In contrast, investor confidence appears to be higher than the consolidated data suggests. Less than 20% of investors surveyed expect cryptocurrencies to become their largest source of personal wealth creation over the next decade, surpassing wages, stocks and real estate.

Nexo analyst Iliya Kalchev said that in terms of perceived risk, there is little difference between deeply integrated cryptocurrencies and unintegrated investors. "What really distinguishes them is whether they replaced traditional assets with cryptocurrencies and included them in their retirement plans." Kalchev said.

Security and cost remain obstacles to deepening adoption

For investors who have achieved higher levels of integration, operational concerns have become more prominent. Among respondents with a Cryptocurrency Integration Index score of 7 or above, 36% cited security issues as a major friction point, 34% pointed to high fees, and 28% mentioned platform complexity.

Nexo美国首席运营官Neil Steinhardt指出，当投资者克服了关于加密货币风险的担忧后，他们不得不面对安全性、费用以及平台的可用性和功能问题。“这就是拥有加密货币与真正利用它构建财富之间的差距。”Steinhardt表示。

Nexo在其披露文件中承认，该公司在数字资产普及方面存在商业利益。公司强调，其指数旨在描述投资者报告的行為，较高的得分不应被解读为代表更优的投资策略。

各国市场表现差异显著

Nexo的调查发现了各市场持有加密货币的人数与其作为财务规划一部分的程度之间存在差距：

• 阿根廷：持有率最高，达74%，但平均整合指数得分最低，为4.62分。
• 美国：持有率为62%，低于阿根廷和英国，但平均整合得分最高，为5.07分。
• 英国：处于两者之间，持有率为65%，平均指数得分为4.75分。

阿根廷已成为Nexo增长的重要市场。今年7月，该公司在阿根廷推出了加密货币卡，允许符合条件的客户使用数字资产进行阿根廷比索和美元的购买。作为此次扩张的一部分，Nexo任命Andres Ondarra为阿根廷总经理。

As the number of people holding cryptocurrencies around the world continues to grow, Argentina's high holding rate reflects this trend. Estimates from Henley & Partners in September showed that global cryptocurrency holders have reached 742 million, although the number of cryptocurrency millionaires fell to 135,694 during the contraction of the digital asset market.

Investors aged 35 to 44 are leading in retirement integration

Age also creates another difference between cryptocurrency holding and long-term financial planning use. In Nexo's survey, investors aged 35 to 44 were the most deeply involved in retirement integration, with 28% viewing cryptocurrency as a core retirement asset.

In contrast, respondents aged 18 to 25 showed the highest holding rates and confidence. More than 90% of people in this age group report owning cryptocurrencies, but only 2% say they have invested in horizon for 10 years or more.

In some markets, retirement products have begun to open up new avenues for digital asset exposure. For example, Coinbase Australia increased support for self-managed superfunds (SMSF) in May this year, allowing eligible trustees to include cryptocurrency exposure in self-directed retirement portfolios.

Institutional surveys show similar willingness. A survey of 351 institutional investors conducted in January by Coinbase and EY Parthenon found that 73% plan to increase their digital asset allocation in 2026, and 74% expect cryptocurrency prices to rise.

Nxo警告称，其调查结果仅适用于受访的高净值投资者群体，不代表普通大众。公司将加密货币资产描述为投机性强、高风险的工具，其价值可能迅速下跌，并建议投资者在做出投资决策前寻求独立的财务、法律和税务建议。