The French blockchain ecosystem is growing, despite the rather scarce cryptocurrency markets in recent months. This is the conclusion of a report by the French chain, which has mapped the state of the blockchain industry in France. 900 positions could therefore be filled in the next year. Let’s look at the regions and sectors that bring together the largest number of actors.
The blockchain ecosystem is growing in France
The French blockchain ecosystem has a bright future ahead of it, but it is very focused at the moment. 84% of the companies are in fact gathered in three regions : Île-de-France, PACA region and Occitania. The Île-de-France alone brings together two thirds of the companies:
Headquarters of blockchain companies in France
If we look at the number of employees, this concentration is even more pronounced. 73% of them would be located in three departments : Paris (which brings together 106 companies), Hauts-de-Seine (32 companies) and Bouches-du-Rhône (16 companies). According to the report, the trend has only strengthened in the past three years, with the number of French blockchain companies more than doubling. Since blockchain is a high-tech subsector, it is set to spread regionally as it is adopted.
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Blockchain in France: 900 jobs to fill in the next 12 months
Although concentrated, the French blockchain ecosystem has exploded in recent years. Evidence of the industry’s dynamism is hiring, which the report says is on the rise over the next year. The French chain really values him 97% of blockchain companies in France want to create at least one job in the next 12 months.
Unsurprisingly, developers are the most sought after, with 82% of business needs. Salespeople are also particularly in demand (55% of future hires): executives follow. In total, the report estimates that they are 900 jobs that could be created in the next twelve months.
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This hiring wave is largely due to the good results of companies in the blockchain industry. On average, the latter saw an increase in turnover of + 250% between the penultimate exercise and the last. And they are internationally oriented. French blockchain companies generate on average 40% of their turnover overseas.
Who am I then the largest employers in France ? Unsurprisingly, the Unicorn Ledger is at the top, with 671 employees. Wakam (198 employees) follows, followed by Sorare (170 employees). Coinhouse and Nomadic Labs close this top 5, with 83 and 80 employees respectively:
Biggest Blockchain Employers
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Cryptocurrencies, culture and infrastructure
Which blockchain subsectors are most represented? one might expect, cryptocurrency businessthey are the most numerous in the blockchain sector. This is followed by companies operating in the world of entertainment and culture, as well as infrastructure. Support is also a particularly well represented division:
The different sectors of the French blockchain industry
In an uncertain macroeconomic context, the blockchain sector is therefore doing well in France , and is expected to continue offering jobs over the next year. The dynamism of the sector is however undeniable and shows the growing appetite of the big players for these still very new technologies. It is therefore not surprising that in recent months we have seen several signs of openness from the government.
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Source: La French Chain, Cartography of the French blockchain ecosystem
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