A new survey has found that Londoners are twice as likely to invest in cryptocurrencies as the rest of the country, and that 30% of London residents claim that they are planning on investing in cryptocurrencies in the near future.

The survey, which was conducted by Rathbone Investment Management, and first reported by City A.M., also found that one in eight cryptocurrency investors in London attribute their current wealth and/or financial status to their cryptocurrency investments, as compared to just one out of twenty-five of wealthy individuals in the U.K.

The director of Rathbone Investments, Robert Hughes-Penney, spoke about the results of the study, saying:

“Lucrative returns made by the early adopters of bitcoin and other cryptocurrencies have been widely publicized. These early investors have been followed by others looking to make similar gains… These figures suggest there are a number of investors in London with shorter investment goals who have been more susceptible to the so-called bitcoin craze, while outside of the capital investors have mostly stayed clear of what is a high-risk asset class.”

The survey also found that younger citizens are far more likely to be open to cryptocurrency investments, with 37% of those under 35 saying that they would be open to investing in crypto, as compared to only 4% of those over 45 being open to investing in cryptocurrency. Out of all the people surveyed, the majority still preferred traditional investments, like stocks and cash savings accounts, instead of cryptocurrency.

Other surveys conducted under different parameters have found similar results, with a June survey finding that 25% of millennials in the UK prefer Bitcoin and cryptocurrencies to other investment vehicles, like real estate, bonds, stocks, and precious metals.

In July, a survey conducted by SharesPost found that for investors that had already purchased cryptocurrencies, 72% of them claimed to be preparing to buy more in the coming months, signaling that the persisting bear market was not detracting excitement from the underlying technology backing many of these projects.

London is a hub for emerging technologies, like cryptocurrencies, with major companies and startups, like Coinbase, TransferGo, and more, moving operations into the city as it further secures its place as a global hub for technology. The presence of these companies has likely influenced the city’s interest in virtual currencies.