Bpifrance Launches $27 Million Fund to Boost French Blockchain Sector
- Bpifrance will invest up to €25 million (approximately $27 million) in digital assets.
- The fund targets DeFi, tokenization, AI, and identity certification sectors.
- This initiative is a pioneering move among global sovereign funds.
- Past investments include €150 million in over 200 blockchain startups.
- Investments will be through direct equity or other funds reinvesting in France.
Bpifrance’s $27 million investment marks a strategic effort to enhance the French blockchain ecosystem, focusing on areas such as DeFi and AI within the European regulatory framework.
Source (2.6)https://cryptobriefing.com/frances-crypto-token-fund/?rand=59535
