KuCoin, a renowned global cryptocurrency exchange, has recently released its 12th “Into the Cryptoverse” report titled “Understanding Crypto Users In France.” This report sheds light on the remarkable influence of Gen Z investors in shaping the future of the French crypto market. Surprisingly, the study reveals that nearly 40% of Gen Z crypto investors have entered the cryptocurrency space in the past six months alone.
Based on interviews conducted with 500 adult crypto investors aged between 18 and 60, the report provides a comprehensive overview of the motivations and preferences driving crypto investments in France. It also draws comparisons with the recently released report, which has sparked crucial discussions within Europe’s prominent crypto communities.
The findings of KuCoin’s 12th ‘Into the Cryptoverse’ report highlight the growing reliance on cryptocurrencies among the younger generation, particularly Gen Z. These insights serve as compelling information for policymakers, professionals, and investors to collaborate in shaping the future of the French crypto ecosystem.
To ensure sustainable growth in the industry, the report emphasizes the need for comprehensive education and the development of innovative solutions that empower individuals across generations, especially the Gen Z investors who are spearheading the future of the crypto market. As the “People’s Exchange,” KuCoin remains committed to supporting the French crypto community and driving its progress.
KuCoin, launched in September 2017, is a global cryptocurrency exchange with operational headquarters in Seychelles. Boasting a user-oriented platform that focuses on inclusiveness and community action, KuCoin offers over 700 digital assets and provides various trading options such as spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 29 million users across 207 countries and regions.
In 2022, KuCoin successfully raised over $150 million through a pre-Series B funding round, bringing the total investments to $170 million when combined with Round A funding, resulting in a total valuation of $10 billion. Currently, KuCoin ranks among the top 5 crypto exchanges according to CoinMarketCap.
Furthermore, KuCoin received recognition for its exceptional services in 2023. Forbes named it one of the Best Crypto Exchanges, while Finder acknowledged it as a highly commended global exchange in the 2023 Global Cryptocurrency Trading Platform Awards.
For media inquiries and further information, please visit the KuCoin website. The release of this comprehensive report not only provides valuable insights into the French crypto market but also demonstrates KuCoin’s dedication to supporting and fostering growth within the industry.