Asian Tech Press (Nov 22) -- 40% of South Korean youths have reportedly invested in cryptocurrencies, a survey has shown.

The national public broadcaster KBS reported that the Federation of Korean Industries (FKI) recently commissioned Mono Research to conduct a questionnaire survey on financial management for 700 young people aged between 20 and 30, and the results were released on Monday.

According to the survey, 36.1% of the interviewees said that real estate investment is a necessary means to increase the size of their assets.

In addition, 40.5% of the interviewees said they had invested in virtual currencies. Among them, the largest group, at 62.5%, invested less than 5 million won ($4,214) and 2.8% invested more than 100 million won ($84,277). While 49.3% said that it is difficult to accumulate property by salary alone, so they chose to try investing in virtual currencies.

(US$1 = 1186.5613 won)