Crypto is second most popular investment asset in France: 2023 OECD Survey
A 2023 survey conducted by the Organisation for Economic Co-operation and Development (OECD) and published by France’s financial regulator reveals that cryptocurrencies are the second most popular investment among adults in France, with 9.4% holding crypto assets. This is just slightly less than the 10.7% who invest in real estate funds. Additionally, 2.8% of the respondents own nonfungible tokens (NFTs). The survey also highlights a rise in “new investors” since the COVID-19 pandemic began in March 2020, predominantly younger men, with 54% of them holding crypto assets. These new investors generally have a lower level of financial knowledge, especially those aged 18–24. The survey involved 1,056 respondents and 40 in-depth interviews. These findings align with France’s efforts to lead in the digital economy and innovation in Europe, evidenced by significant investments in artificial intelligence research and the opening of a crypto-assets institute in Paris.
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