French state bank Bpifrance enters crypto with €25 million digital asset fund

From invezz.com

France’s state-owned investment bank Bpifrance has announced a €25 million ($27 million) investment plan into digital assets, with the goal of strengthening the domestic blockchain ecosystem. The initiative marks a significant shift in the bank’s strategy, enabling it to support promising blockchain ventures through direct investments in cryptocurrencies and tokens, rather than just funding startups via traditional equity stakes. The funds will be channelled into early-stage projects to stimulate innovation within France’s growing Web3 sector. This move also positions Bpifrance as one of the first ... (full story)