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The crypto industry in France is resisting the market crisis well

The sharp drop in cryptocurrency prices isn’t really impressing the most promising companies in France’s crypto industry. “According to the actors, the consequences are uneven because there is no homogeneity of maturity. For established companies, this clearing of the market is perceived rather as an opportunity. summarizes Faustin Fleur, president of the Association for the Development of Digital Assets (Adan), which brings together 170 players in the French crypto and blockchain industry.

Most of them have already passed the previous “crypto winter” of 2018-2019. Anticipating this new bearish price cycle. the young cryptocurrency market is already fourth, companies such as Ledger, Coinhouse or Sorare have been able to manage their cash during the growth phase and have focused on the execution of their roadmap against shocks or shocks in Bitcoin. air Be careful of economic uncertainties, companies…

Source: Le Figaro

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