Adan (the Association for the Development of Digital Assets), KPMG France, and Ipsos have just unveiled a new study on the French appetite for crypto-assets and Web3New web version using blockchain technology. Decentralized, by the users, for the users.. Delubac & Cie was pleased to partner once again in the execution of this analysis.
Conducted for the third consecutive year, this study reveals the democratization and ever-growing interest of the French and Europeans in digital assets. NFTs are also gaining significantly in popularity.
- 12% of French people own crypto-assets (up from 9.4% last year), and 15% have owned them at some point. The majority of crypto-assetDigital asset based on cryptography principles. Peer to peer traded, on a decentralized network, thanks to Distributed Ledger Technologies such as blockchain. The user is integrated into storage and transaction holders already possess traditional financial products and see this new asset class as an opportunity for diversification.
- The bank emerges as the preferred contact for French people who want to buy, sell, and store crypto. More than 20% choose a banking intermediary over self-custody. 23% of French people even say they are ready to switch banks to access crypto services.
- For Web3 sector companies, finding banking partners remains complex for more than half of those surveyed (57%).
It’s no secret that our Corporate Banking division supports Web3 companies in their development projects through a comprehensive banking offer and expert commercial teams.
At the presentation of the results held at the Ministry of Economy and Finance on March 19, 2024, Joël-Alexis Bialkiewicz, managing partner at Delubac & Cie, spoke about the opportunities and challenges in the field.
Some see a contradiction between our status as a bank and our crypto activity. But since 1924, we have been the bank for those who cannot or do not want to have a bank. […] We take pride in being the bank of the crypto world. We will continue to do what is necessary to ensure that everything permitted by law can never be prohibited by a small number of private actors.
Find below the full speech by Joël-Alexis Bialkiewicz at the Ministry of Economy and Finance.