On a recent BFM Crypto, Le Club episode, hosted by Sandra Gandoin, a wide-ranging discussion joined by Cyril Sabbagh, President and Co-Founder of Melanion Digital, alongside Alexandre Stachtchenko Director at Paymium, the conversation spotlighted three critical themes: personal security for crypto leaders, institutional traction in crypto finance, and France’s cautious yet emerging momentum in blockchain innovation.
Addressing the Reality of Security Threats in France
The segment opened with a sobering reflection: Why have physical threats against crypto leaders become particularly visible in France? It’s a question raised not out of paranoia but necessity. The panel acknowledged the global presence of crypto executives, yet pointed to a concerning trend of physical intimidation surfacing in France more frequently than elsewhere.
Cyril Sabbagh emphasized the need to explore actual causes behind them, moreover be it media exposure, data protection gaps, or insufficient physical security. Rather than speculate, he advocated for a constructive national dialogue by taking the initiative in asking ourselves “Why is this happening here and not in other crypto-active countries?”.
Melanion Digital: Leading Institutional Crypto Integration
In the core of the program, Cyril Sabbagh introduced Melanion Digital’s strategic positioning as a catalyst between crypto and traditional finance. Focused on Bitcoin, Melanion Digital operates with three integrated pillars:
- Bitcoin Treasury enhanced with arbitrage strategies.
- Qualified asset management through structured investment vehicles.
- Synthetic mining software solutions for scalable infrastructure.
Cyril highlighted a growing wave of institutional validation for crypto, particularly in the U.S., where regulatory clarity has empowered giants like Kraken and Coinbase to make bold moves, including the $2.9 billion acquisition of Deribit and Kraken’s purchase of Ninja Trader. This trend isn’t just symbolic it signals a structural shift.
“We are now seeing crypto-native companies acquiring legacy finance platforms,” Sabbagh noted. “It’s a reversal of expectations, and a sign that the ecosystem is maturing fast.” Melanion Digital stands firmly within this movement, building solutions designed for professionals who need reliability, performance, and long-term vision in a volatile market.
France: Signs of Progress and Potential
The final segment was turned to France. While the U.S. has taken the lead in crypto-finance convergence, As pointed by Cyril, France may be moving slowly, but it is beginning to move deliberately in the right direction by acknowledging promising signals from French institutions.