A partnership between Binance exchange and startup incubator Station F has been announced valued at €100M (US$108M).
The deal is a part of the ‘Objective Moon‘ announced by Binance in November 2021, which aims to develop three key cryptocurrency and blockchain innovation projects in France according to Binance. Binance CEO Changpeng Zhao believes that “France is uniquely positioned to be the leader of this industry in Europe,” this was stated at the Paris Blockchain Week Summit on Wednesday.
Startups apart of the Station F ecosystem will benefit from the support of the BNB Chain, NFT Labs, and Binance Labs. These various teams will help develop the ideas of the startups opening the way for potential partnerships with Binance and their partners in the future.
“For all the people willing to better understand blockchain and crypto, we hope this place will help them to enter the web3 world”
Roxanne Varza, Director, Station F
