Due to the constant increase in numbers, it is not easy to round up the total number of crypto projects in France to a particular figure. Every time, new crypto projects sprout out of the country. Furthermore, the recent licenses given to Binance to legally conduct crypto activities in the country have set France on its way to becoming one of the European crypto hubs.
Although many European countries are indifferent while others are stringent on crypto activities, France is taking the lead in crypto adoption with its regulations influencing crypto growth. There are a lot of existing crypto projects in France, and more are still in the infantry stage. However, we will narrow our picks to popular innovative ones with a spectrum of growth.
Binance is a trading platform used in executing crypto tasks. It has many features suitable for both pro and new crypto investors. The platform has a lot of educational content, which helps broaden users’ crypto knowledge. According to Coin gecko, Binance is the most prominent crypto platform based on trading volume.
The exchange is popular for its low transaction fees, and millions of users (individual and corporate investors) use the platform worldwide. The crypto company has partner with different countries including France, and during a crypto event in Paris on November 3, 2021, Binance founder and CEO CZ (Zhao) announced the company would partner with France Fintech to help educate and promote cryptocurrency in the country.
France Fintech is a non-profit organization whose sole aim is to help propagate fintech in the country by promoting new and emerging technologies and educating the citizens about them. The €100 million projects is tagged “Objective Moon,” and it’s divided into three stages:
- Decentralized Ledger Technology (DLT) accelerator.
- Binance Research and Development Hub.
- Online Education Program to educate and enlighten the general French populace about cryptocurrency.
Binance is partnering with Ledger and OpenClassroom to handle the education part of the project.
Ledger is a Paris based crypto company established in 2014. It specializes in creating hardware wallets for the security and storage of cryptocurrencies by storing crypto wallet private keys (these are unique security details used to access and control investors’ crypto funds) in an electronic offline device.
Hardware wallets are offline crypto storage devices that help secure investors’ crypto funds from hackers. Ledger is amongst the early crypto start-ups that help secure investors’ crypto funds from online hackers.
Coinhouse is the first digital asset service provider registered under France’s Autorité des Marchés Financiers regulator. The company began operation in France in 2015; since then, Coinhouse has been offering crypto services and asset management to users in 35 countries worldwide. It has a user-friendly interface that is easy to operate for anyone, irrespective of your crypto knowledge.
Cryptosimple is a crypto company based in France. It creates crypto tools that help simplify crypto investment for investors – including the less tech-savvy. The tools allow you to invest based on your investment goals.
Peculium is France’s number one digital asset management company, with its headquarters in Nanterre, Ile-de-France. The crypto company helps corporate and individual investors save their crypto investments for bountiful rewards.
Kryii.io is a crypto platform located in Valbonne, Provence-Alpes-Cote d’Azur, France. It’s a crypto platform that helps crypto investors of any level build basics to advanced auto trading strategies from scratch through a drag and drop feature. The feature is easy to use without any programming knowledge, and the platform is easy to operate.