Crypto personality: who is Éric Larchevêque, the founder of Ledger?

Eric Larchevêque , born on in Boulogne-Billancourt , is a French entrepreneur and investor. He is the co-founder of Ledger , a company that designs and markets cryptocurrency wallets .

Education and Training

Son of porcelain maker André Larchevêque 3 , he grew up in Vierzon ( Cher ). In 1996, he obtained an engineering degree from ESIEE Paris/France  with a specialization in information architecture design.

Passionate about electronics, he wrote articles for the periodicals “Electronics Practice” and “Electronics Radio Plans”. He will also release the book “Advanced montages for PC” in 1996.

Career 

In 1998 he created Montorgueil SAS, specializing in dating and “entertainment” sites, which was sold in 2007 to Rentabiliweb for €22 million  . In the 2000s, he launched into poker  ; he decided to stop in 2009 in order to turn once again to business creation  .

In 2011, he created the consumer product price comparator Prixing and raised €1.75M from SPIR Communications  . The project was then sold to the Highco group in 2014. With the funds linked to this sale, La Maison du Bitcoin was opened the same year. According to the words of the creator, it is a “physical space” which aims to explain technologies related to Blockchain and Bitcoin  .

In 2014, he joined forces with other entrepreneurs to create the company Ledger , designer of security solutions for crypto-assets .

In, he handed over the management of the company to Pascal Gauthier and became Chairman of the Board of Directors .

In February 2022, he announced that he had co-founded ALGOSUP, a computer school located in Vierzon which trains generalist developers with a BAC+5.

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His professional fortune is evaluated by Challenges in 2021 at 300 million euros, which positions him as the 343rd French fortune in the company of two of his associates.

The House of Bitcoin (now Coinhouse)

On the exact date of May 13, 2014, Eric Larchevêque opened La Maison du Bitcoin, an emblematic Parisian place that allows users to buy BTC by going to a storefront store. This is a first in France, and this place will become emblematic, especially during the huge bull run at the end of 2017. In 2018, the establishment will abandon its Franchouillard name and will now be called Coinhouse .

Group photo of the La Maison du Bitcoin team – 2018

 

The foundation of Ledger

Chance put Joël Pobeda (Chronocoin) and Nicolas Bacca (BTCChip) on his way in June 2014. He then decided to join forces with them to create the company Ledger, which allows his crypto-assets to be stored on a physical medium. in order to fight against the numerous hacking attempts of which the exchanges are regularly victims .

At the end of 2017, it took several months to obtain a Ledger storage portfolio due to the enormous enthusiasm enjoyed by the sector. It was then only possible to place pre-orders while waiting for production to keep pace with orders. During this period, the price of the Ledger Nano S had risen sharply, due to demand which greatly exceeded supply.

The Ledger company will succeed in raising more than 60 million in 2018, at a time when the entire cryptocurrency market was in a bearish and gloomy period.

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A rare occurrence in a context of globalization, Éric Larchevêque will choose to repatriate the entire Ledger portfolio assembly line (Nano S, Nano X and Blue) to France, with an investment of more than 10 million euros. This is how the LedgerPlex was built in Vierzon: a 3000m² building allowing both the manufacture and the design of Ledger projects, locally.

He will eventually step down as CEO of Ledger in May 2019 to focus on strategies to enable the company to continue to grow.

Indeed, today, one of Éric Larchevêque’s ambitions is to restore Europe to its rightful place in the world, particularly in terms of technology, and to prove that it is possible for it to confront the American and Chinese hegemonies. With the implementation of the LedgerPlex, a first step towards this ideal has been accomplished.

The investor

Éric Larchevêque is also an investor who decided to diversify his assets by acting as a business angel . For example, he has invested in insurance companies, blockchain startups and construction companies.

If he was already regularly invited on television sets as the founder of Ledger, Éric Larchevêque now plays the role of expert in “Who wants to be my partner? “. This show, which shows new entrepreneurs trying to launch their startups, has enabled some of them to be partially financed by Éric Larchevêque. Whether in the field of organic fertilizer, greeting cards, board sports or restaurants, Éric Larchevêque has financed numerous projects since his arrival on the show.

Conclusion

Éric Larchevêque is probably one of the most popular people in the world of crypto-currencies, mainly because he has developed a system for storing crypto-assets via the Ledger wallet. Due to the indisputable quality and security of this storage device, the Ledger company enjoys a very good reputation within the crypto community.

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However, Éric Larchevêque is much better known in the French-speaking world, due to his numerous appearances in the French-language media. If we asked cryptocurrency enthusiasts to name 3 random French-speaking people who have greatly contributed to the success of crypto-assets, they would be cited almost systematically.

Éric Larchevêque is a person whose work has unquestionably enabled the cryptocurrency industry to flourish, both by democratizing cryptos in France with the Maison du Bitcoin, and by allowing the whole world to store their assets in a secure way with Ledger products.

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