Binance has decided to expand in Europe. Binance CEO Changpeng Zhao announced at a conference in France that they have signed a $115 million (100 million euro) partnership agreement in France to develop the crypto ecosystem.
#Binance is launching Objective Moon, a 100M EUR initiative to support the development of the French and European blockchain and cryptocurrency ecosystem, in partnership with France FinTech, a leading non-profit association.https://t.co/abrDVR0bh4
— Binance (@binance) November 3, 2021
Stating that the name of the initiative, which was launched jointly with France FinTech, will be “Objective Moon”, Zhao announced that within the scope of the project, workers will be recruited from different cities of France and Europe.
To this end, the objective is to launch a decentralized ledger technology accelerator called the “Moon Accelerator” and an online training program to train new talent for the crypto and blockchain industry.
The French-based online education platform OpenClassrooms and crypto hardware provider Ledger will also support the training program in question.
According to the press release, the joint venture will develop three major cryptocurrency projects in France: a Binance Research and Development center in France,
Decentralized Ledger Technology (DLT) accelerator,
A new online Education Program that will seek talented people in the crypto space.
It was also stated that the joint effort of Binance and France Fintech will accelerate the progress of the cryptocurrency industry in Europe.
Standing out with its decentralized feature, Binance has been looking for a new base in Europe lately. As is known, the exchange established three subsidiaries in Ireland in September. According to the CEO of Binance, the global giant organization wants to establish several center points in different parts of the world and expand its sphere of influence.