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Stock impact report

Gen Z Americans Trust Crypto More Than Banks, Seeking ‘Agency and Control' [Yahoo! Finance]

Rithm Capital Corp. (RITM) 
Company Research Source: Yahoo! Finance
Data from consumer-focused crypto research firm Protocol Theory show that Gen Z, the youngest adult age group, prefers being able to check what goes on with their assets, have control over how they are held, and choose between self-custody and regulated providers. The data show what the research firm describes as “genuine preference,” with 49% of Gen Z having used a crypto exchange and 37% currently owning or using crypto. Within the group, preferences are not fixed to a single approach. The research firm found that 56% of Gen Z want to hold assets themselves, while 51% also prefer storing crypto with a bank or regulated provider. The trend “reflects real economic constraints, especially where younger people feel shut out of legacy pathways,” Jonathan Inglis, CEO of Protocol Theory, told Decrypt , adding that the data point to “agency and control” as primary drivers. “Trust in crypto is clearly generational,” Inglis said, noting that 22% of Gen Z and 24% of Millennials trust Show less Read more
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