Singaporeans in the sandwich class are increasingly turning to investment strategies, including cryptocurrency, to bolster their financial resilience, according to the 2026 Independent Reserve Cryptocurrency Index (IRCI). The study highlights that these middle-income households, primarily aged 35 to 54, are navigating rising living costs whilst supporting both ageing parents and children.
The IRCI, conducted by Independent Reserve, reveals that 50% of the sandwich class view investing as their primary route to financial success, compared to 37% of the broader population. This demographic is actively managing diversified portfolios, incorporating stocks, bonds, and cryptocurrencies, with a focus on predictable income, diversification, and risk alignment.
Lasanka Perera, CEO of Independent Reserve Singapore, noted, “The sandwich class story is one that resonates across Singapore. They are actively looking to put their money to work through investing to grow their wealth over time.”
Key findings from the IRCI include that 42% of the sandwich class hold cryptocurrency, with Bitcoin and Ethereum being the most popular. Nearly half have held crypto for three to five years, and 33% invest between $501 to S$1,000 monthly. The study also found that 77% of this group view crypto as crucial for long-term wealth building.
The IRCI, conducted with Milieu Insight Market Research, surveyed 1,500 Singapore residents between January and February 2026, providing a comprehensive overview of the nation’s cryptocurrency landscape.
