Binance announced that it will invest 100 million euros (approximately $108 million) in France and form a partnership with StationF, a Paris-based startup incubator.
As part of the partnership, the startup will receive support from the BNB Chain, NFT Labs and Binance Labs teams, and potentially collaborate with Binance partners.
CZ said at the Paris Blockchain Week Summit on Wednesday that France is uniquely positioned to become a leader in the European crypto industry, and Binance already has a team of about 50 people in France.