The Crypto Wealth Report 2025, published by investment migration advisory firm Henley & Partners, paints a striking picture of how digital assets are accelerating wealth creation. According to the report, 241,700 individuals now hold over $1 million in crypto assets — a 40 percent surge over the past 12 months.

Of those, 145,100 are Bitcoin millionaires alone, accounting for some 60 percent of all crypto millionaires. The total market capitalization of crypto assets vaulted to $3.3 trillion by June 2025, representing a near 45 percent increase year-on-year.

Ultra-rich class on the rise

The report also highlights an emerging upper echelon in crypto wealth: 450 so-called centi-millionaires (holders of more than $100 million), up 38 percent year-on-year, and 36 crypto billionaires, whose ranks have expanded significantly.

Dominic Volek, group head of private clients at Henley & Partners, writes in his contribution to the report: «Today, using nothing more than 12 memorized words, a person can hold a billion dollars in Bitcoin, accessible from Zurich or Zhengzhou with equal ease.»

«New Class of Wealth»

He warns that «this new class of wealth is now compelling governments, tax authorities, and wealth managers to confront an uncomfortable reality — that traditional frameworks assume wealth has a home address, even though cryptocurrency does not.»

Andrej Majcen, co-founder and CEO of Bitcoin Suisse, argues in his essay for the report that blockchain-based currencies could fundamentally transform money and governance. He envisions decentralized financial systems that empower so-called Free Global Cities — self-governed enclaves where displaced individuals can rebuild lives while remaining connected to their home economies.

Decentralized money, decentralized power

«Digital identities and wallets can significantly improve their financial inclusion» for refugees and migrants who often lack access to formal banking, Majcen writes.

He also points out that blockchain money removes central bottlenecks: «Decentralized money systems function without the need for a central bank and even commercial banks.» According to Majcen, this shift could allow novel monetary architectures in new geopolitical models where governance is more fluid and responsive to technology.

Regulation in flux — and opportunity

The report underscores how regulators are scrambling to keep up with the speed and borderless nature of crypto capital.

Volek notes that while $14.4 trillion in wealth crossed borders in 2024, the entire architecture of modern finance remains anchored in jurisdictional assumptions — assumptions increasingly challenged by digital assets.

Growing Appeal of Investment Migration

He highlights the growing appeal of investment migration, pointing to jurisdictions such as Malta and the UAE that are attracting crypto capital by combining financial infrastructure with regulatory clarity.

Apparently, crypto is remaking the rules of wealth, and rapidly so.