Crypto adoption in the Nordics is accelerating fast, positioning the region as a rising force in Europe’s digital finance landscape. In 2024, around 2.2 million Nordic adults owned cryptocurrency—an increase of 635,000 from the previous year—making up 10% of the adult population. By 2035, this figure is expected to soar to 28%, signaling a massive shift toward mainstream digital asset ownership.
Nordics to Add 4.2 Million Crypto Users, Half Joining Within the Next Year
While rising crypto adoption in the Nordics isn’t new, it’s gaining momentum fast due to increased regulatory clarity, a growing tech-savvy population, high trust in digital finance, and surging interest in decentralized solutions.
According to a recent survey by K33 and the Nordic Blockchain Association conducted in March 2025, around 635,000 Nordic people bought crypto last year, with crypto ownership jumping to 2.18 million holders, or nearly 10% of the population. Interestingly, it’s not just young and tech-savvy people buying coins. In fact, the trend has surged among older adults, with the 40‑49 age group alone seeing a nearly 5% rise in ownership, reversing years of flat growth.
Analyzed by country, Norway has the highest crypto ownership rate, but Sweden has the most crypto owners. According to the survey, there were 550,000 Norwegian crypto owners in 2024, representing 12.3% of the population, up from 9.2% in 2023. At the same time, the Swedish crypto user base swelled to 630,000, making 7.4% of the adult population. Finland, Denmark, and Iceland followed with 525,000, 450,000 and 26,000 crypto owners, respectively.
These numbers are set to grow significantly over the next decade. According to the survey, 28% of the adult population in the Nordics believe they will buy crypto within the next 10 years, increasing crypto ownership to 6,400,000. That is 4.2 million new crypto users by 2035. Two million people expect to do so within a year, and another two million in the next three years.
The survey also showed Finns are more open to buying crypto in the future than the rest of the Nordics, with a staggering 55.5% of the population aged 59 or younger believing they’ll own crypto within the next decade.
Crypto Explosion in the Nordics to Spark Major Revenue Growth Across Northern Europe
Besides seeing a surge in crypto adoption, Nordics will remain a key driver of crypto revenue growth in Northern Europe. The Statista Market Forecast survey shows crypto revenues in the region skyrocketed to $1.58 billion in 2024, marking an impressive 270% increase year-over-year, with a significant portion of that growth coming from the Nordics.
By the end of 2026, this figure will jump by another 21% and hit $1.92 billion. With this pace of growth, Northern Europe`s crypto market is on track to surpass $2 billion in value as soon as 2027.
