In 2023, crypto adoption will explode in France. According to a report published by ADAN, it affects 10% of the population. This is the second study carried out by the Association for the Development of Digital Assets (ADAN), in collaboration with KPMG France and IPSOS France.
Crypto adoption in France increases by 18%
In 2023, the massive adoption of crypto currencies in France will prove to be a significant phenomenon. The results of the second annual ADAN study show with a significant increase of 18% in the number of holders compared to 2022.
This striking figure highlights a rapid evolution in French mentalities towards digital assets. Young people, particularly those aged 18-35, are positioning themselves at the forefront of this financial revolution. It now represents 17% of crypto holders in France.
That’s not all ! These numbers also reflect increasing integration of crypto into daily life the French. This signals a major shift in the perception and acceptance of these new financial instruments.
Crypto adoption in France: What are the preferences?
Bitcoin remains the favorite crypto of the French, with an impressive 64% market share. However, the analysis of investor preferences also reveals strategic choices in acquisition platforms.
Binance emerges as leader, capturing 39% of transactions. Coinbase finds itself in second place with 28%. Revolut finished third with 20%. This data highlights the diversity of investor choices in France. They also highlight the growing importance of exchange platforms in the crypto ecosystem.
NFTs on the rise
Another remarkable aspect of the crypto evolution in France is the rapid rise of NFTs. While 4% of French people say they own an NFT in 2023, this figure represents a doubling compared to the previous year. At the same time, knowledge of NFTs has increased considerably: from 15% in 2022 to 39% in 2023.
The rapid evolution of the crypto landscape in France reflects a major transformation in the way French people view new forms of investment.
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