![]() Individuals can already benefit from the quantitative strategies available on the napoleonx.ai platform for bitcoin and ether, as well as the main global stock market indices. ![]() This is big news for France and Europe more generally. One only needs a single token to access the platform.Īccording to the firm, they are the first to overcome all the regulatory hurdles in French law and acquired approval to offer managed cryptocurrency assets to institutional traders everywhere. Napoleon Group, which is backed by BNP Paribas bankers Jean-Charles Dudek and Stephane Ifrah, and private equity investor Arnaud Dartois, used the ICO funding model about 9 months ago to raise about 10 million euros by issuing around just almost 30 million NPX utility tokens, which are used for access to trading bots and quantitative strategies on the NapoleonX.ai platform. The country has in recent times taken a few cursory steps toward becoming a hub of ICO activity, but strict enforcement of crypto regulations is the cost of doing business in a well-connected financial hub like Paris. France has one of the toughest regulatory environments in Europe and the world generally when it comes to finance and specifically cryptocurrency. ![]()
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