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French State Bank Bpifrance Plans $27M Investment in Digital Assets

French State Bank Bpifrance Plans $27M Investment in Digital Assets

Published:
2025-03-28 11:21:01
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Bpifrance, a French state-owned investment bank, announced plans to invest 25 million euros ($27 million) in digital assets. The investment aims to strengthen the country’s blockchain industry by supporting local blockchain projects in their early stages. The bank intends to buy and hold crypto tokens related to decentralized finance (DeFi), tokenization, and staking. Bpifrance highlighted this as a significant step forward and a pioneering initiative among sovereign wealth funds. France has emerged as a burgeoning crypto hub, seeking to pre-empt the introduction of the European Union’s Markets in Crypto Assets (MiCA) regulation.

|Square

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