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Home Crypto

Who is Éric Larchevêque, the founder of Ledger?

Nicholas by Nicholas
January 4, 2023
in Crypto
0
Who is Éric Larchevêque, the founder of Ledger?

Éric Larchevêque is a well-known personality in the world of cryptocurrencies thanks to the creation of the company Ledger specialized in securing crypto-assets and Coinhouse. He has participated for several years in the program “Who wants to be my partner on M6”.

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Éric Larchevêque is a well-known personality in the world of crypto-currencies thanks to the creation of the famous wallets Ledger Nano S Plus, Ledger Nano X and more recently the Ledger Stax which are among the two most popular storage media on the market at the current time.

But he is not only known for co-founding this company. Let’s take a look at his surprising journey together, and find out what this person has managed to accomplish in his life.

Ledger Stax, designed for NFTs by the creator of the iPod

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Education and Training

Like many famous people in the world of crypto-currencies, Éric Larchevêque was what we can call a geeky kid. Born in 1973, he was interested in IT from an early age, and in 1996 obtained an engineering degree from ESIEE Paris.

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.

Cover of a book by Éric Larchevêque

The contractor

In 1996, Eric Larchevêque will launch its first startupcalled France Cybermedia, which allowed the design of websites and their hosting.

In 1998, this time he founded Montorgueil, a company specializing in the monetization of content. The latter will be resold in 2007 for the sum of 22 million euros.

In 2004, he changed register and decided to start in the hotel business in Latvia in the city of Riga. His hotel, baptized Dodo Hotel, will eventually open in 2008. Offering 109 very comfortable and well-equipped rooms, as well as a delicious breakfast based on Breton pancakes, this hotel low-cost was a resounding success.

Éric Larchevêque during the construction of his Latvian hotel

The poker player

Like many other crypto-investors, Eric Larchevêque also went through the box poker. He will play many tournaments on the international circuit and win a lot of money.

He will win during his 2-year career, between 2007 and 2009, the sum of $587,308. To see his full results, you can go to his The Hendon Mob page.

Despite these gains, he quickly realized that the life of a professional poker player is not ideal, that depression and fatigue quickly set in when you spend your days and nights playing. cards. He therefore made the decision to quit poker, to become an entrepreneur again.

He then founded a price comparator in 2011, Prixing, which he sold in 2014 for an amount that remained secret.

Éric Larchevêque playing poker

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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 from the end of 2017. In 2018, the establishment will abandon its Franchouillard name and will now be called Coinhouse.

Bitcoin House team

Group photo of the La Maison du Bitcoin team – 2018

The foundation of Ledger

Chance will put on its way Joel Pobeda (Chronocoin) and Nicola Bacca (BTCChip) in June 2014. He will then decide to join forces with them to create the company Ledger, which makes it possible to store his crypto-assets on a physical medium in order to fight against the numerous hacking attempts of which people are regularly victims. exchanges.

At the end of 2017, we had to wait several months to get a Ledger storage wallet due to the huge buzz the industry has enjoyed. 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.

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.

Eric Larchevêque - Ledger

Éric Larchevêque at the Ledger premises

ALGOSUP

Founded in 2019 with Franck Jeanin, ALGOSUP is an IT school located in Vierzon, the same city as Ledger.

The objective of ALGOSUP is to learn by doing and 100% in English in order to train in the creation of software. Students will become full stack developers. The school is accessible directly after the BAC or a BAC +2/+3. The course lasts 5 or 3 years depending on the diploma at the time of integration.

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The investor

Éric Larchevêque is also an investor who decided to diversify his assets by acting as 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.

Eric Larchevêque - Fertilizer

Éric Larchevêque and his new partners in the world of agriculture

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Discover Eric’s portrait in the QVMA show:

Conclusion

Éric Larchevêque is probably one of the most popular people in the world of crypto-currencies, mainly because he has developed a crypto-asset storage system 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.

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 undoubtedly 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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author profile picture

Passionate about crypto in my spare time, I am a lawyer from the South of France. I love to dissect how these technologies work and I’m also interested in the profound changes they bring. Besides that, I like football, philosophy, chess and Chinese lucky charms.

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