Binance CEO: “We invested 100 million euros in France”

Binance CEO Changpeng Zhao announced in his speech at the Paris Blockchain Week Summit held in France that they made 100 Million Euros to France.

Changpeng Zhao, CEO of cryptocurrency  exchange Binance, announced that they invested 100 million euros in France in his speech at the Paris Blockchain Week Summit  , one of Europe’s largest blockchain events . This investment aims to expand Binance’s operations in Europe.

Big investment from Binance to France

Cryptocurrency exchange Binance has announced that it has partnered with Station F , the world’s largest venture campus. As part of this partnership, Binance announced that they have invested 100 million euros in France.

Binance CEO Changpeng Zhao said the following at the Paris Blockchain Week Summit today: 

“France is uniquely positioned to be the leader of this industry in Europe.”

Changpeng Zhao also emphasized that the company already has a team of around 50 people in the country. 

As part of the deal, startups will receive support from the BNB Chain, NFT Labs, and Binance Labs teams to develop their ideas and potential collaborations with Binance partners. 

Additionally, Roxanne Varza, Director of Station F, added: 

“For all people who want to better understand blockchain and crypto, we hope this place will help them enter the world of web3.”