South Korean Investors Shift To Crypto-Related Stocks Amid Stablecoin Push

South Korean retail investors are pivoting from US big tech stocks to crypto-linked equities, driven by growing global interest in digital assets. Data from the Korean Center for International Finance reveals a sharp rise in crypto-related stock purchases, now accounting for 31.4% of top net-bought stocks, up from 8.5% in January.

Meanwhile, net purchases of the top seven US tech stocks plummeted 74% between January and July. The shift coincides with a stronger local currency and outperformance of South Korea's domestic market, prompting investors to reallocate capital.

Stablecoin-related companies appear to be a focal point, reflecting broader institutional momentum toward tokenized assets. The trend underscores how crypto is reshaping traditional investment flows in Asia's fourth-largest economy.