French State-owned Bank Bpifrance Builds Fund To Buy Crypto
The latest player in the world of crypto adoption, Bpifrance, a state-owned investment bank from France has reportedly planned to spend up to 25 million euros ($26.95 million). Moreover, the firm takes a unique approach by opting for little-known cryptocurrencies over the-top tokens in a bid to support the nation’s crypto infrastructure.
As per the latest reports, the same bank previously spent 150 million euros on investments in blockchain-related projects, including investments in cryptocurrencies. However, this is the first time it has created a dedicated fund plan to buy digital assets directly.
Bpifrance Embraces AI & Digital Assets!
The fund will focus on stacking smaller and newly-created tokens issued by French…
