Commercial estimates
Crypto wealth counts are modeled estimates
What Henley & Partners and New World Wealth estimate, how the model is described, and why the figures are not a census.
Key findings
- The report estimates 241,700 crypto millionaires, 450 crypto centi-millionaires, 36 crypto billionaires, and 590M crypto users as of 30 June 2025.
- The wealth statistics use in-house wealth-tier models, a progressive Lorenz-curve distribution, and open-source information on large holdings.
- The publisher describes the report as informational and disclaims completeness and accuracy guarantees.
Practical meaning
- The estimates may help frame the commercial audience for cross-border professional services.
- Lead qualification should rely on a user's stated objective and budget band, not assumed wealth inferred from crypto usage.
How the report describes its model
Henley says the figures draw on an in-house distribution model and open-source information about large holdings. That makes them modeled estimates rather than observed counts of verified people.
Responsible use
RWA Lens presents the figures with the model label and as-of date. They are not used to inflate market KPIs or to claim that a fixed number of wealthy people are prospective clients.
Limitations
- Pseudonymous, custodial, shared, dormant, and lost holdings complicate attribution.
- The model is commercial and does not enumerate verified individuals.
- Estimated wealth does not imply liquidity, willingness, suitability, or legal eligibility.
What this source does not establish
- An official census
- A list of prospects
- Exact wallet ownership
- Demand for tokenized property
Full source citations
Evidence used
The Crypto Wealth Report 2025
Henley & Partners / New World Wealth · 2025-09-23 · wealth estimatePDF pp. 2-3: worldwide wealth statistics and as-of date; PDF p. 4: in-house model description; PDF pp. 12-14: disclaimers and publication date
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