A majority of investors who hold both cryptocurrencies and stocks say digital assets will outperform equities in the long term, according to a new survey from crypto exchange Kraken. The survey of more than 1,000 U.S. adults, published Thursday, found that 65% of dual-asset investors expect crypto to deliver stronger growth than stocks over the next 10 years. Just 35% favored equities. Nearly 70% said they plan to increase their crypto allocations in the coming year, with men showing stronger conviction than women (74% versus 59%). Over the past 12 months, digital assets have also outperformed for many investors: 42% reported their crypto holdings beat their stock portfolios, compared with 31% who saw equities perform better. Confidence levels are tilting toward crypto as well, with 61% of those surveyed saying they’ve grown more confident in digital assets, versus 53% for stocks. Crypto also appears to be emerging as a “crisis trade.” When asked where they would allocate fresh capital during global uncertainty, 33% chose crypto, 20% said equities and 19% picked cash. Mark Greenberg, Kraken’s global head of consumer, said the data reflects a shift in portfolio construction. “Dual-asset investors are no longer treating crypto as a speculative outlier. They’re viewing it as a core growth driver,” he said in emailed comments The findings come as crypto exchanges, including Kraken, move further into traditional finance by offering equities trading alongside digital assets, a sign of how the lines between the two markets are increasingly blurring. Read more: Kraken Debuts Derivatives Trading in U.S., Plans Expansion to Commodity, Stock Futures