A new survey suggests one European capital is best poised to lure in even more of the industry.

European crypto projects have named Lisbon as the world’s most important crypto hub, according to its biannual State of European Crypto Report 2023 published today by European crypto investment firm Greenfield.

The report anonymously surveyed 68 heads of companies and protocols whose founding members are European in origin or are also headquartered in Europe. Despite the anonymized survey, a spokesperson from Greenfield estimated that a third of respondents were also portfolio companies. 

“We have great confidence that Europe’s crypto scene will continue to prosper, bolstered by the MiCA regulation, which will solidify Europe’s position as one of the world’s most important industry hubs,” Jascha Samadi, a co-founding partner told Decrypt via email. “Even amidst the current bear market and compared to the last market downturn in 2018, we see remarkable growth in the European builder community and, besides that, clear signs of the industry’s maturation.”

Half (50%) of respondents put Lisbon in their personal top three most relevant crypto hubs in the world. Berlin and New York jointly held second place, having each been mentioned by 35% of respondents. Paris came in seventh place.

Unsurprisingly, when asked to pick just one European city respondents consider the “most relevant” to the industry, Lisbon trumped again in the eyes o

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Author: Tim Hakki

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