The allocation of the state of France State is $ 27 million for encryption with the “strong French fingerprint”

The state -owned bank in France says it will spend 25 million euros (27 million dollars) to purchase encrypted currencies that support local encryption and encryption projects.

BPIFRANCE He said In a press release on March 27 that it will return to the newly formed projects “with a strong French fingerprint” where it will receive symbols in exchange Its investment You will look forward to decentralized financing (Defi), symbol, symbol and artificial intelligence.

He added that the plan, supported by the French Ministry of Economy and Finance, was “strengthening emerging technologies and strengthening the French ecosystem Blockchain.”

He said that the global ecological system is “currently prosperous”, but the number of French participating funds is still very limited.

The French digital and the Minister of IQ, Clara Chapas, said and Private financing It was “one of the keys to the sustainable sites of our ecosystem on the international stage.”

Arnoud Kodos, CEO of BPIFRANCE, said he is convinced of the increasing importance that Blockchain companies will continue in the coming years and want to increase competitiveness and French presence in the field of digital assets.

“The United States is really accelerating its encryption strategy, so this is more important,” Kudo said at a press conference. I mentioned By Reuters. He added that BPIFRANCE has begun to support Crypto before the United States begins its profit moves.

The bank said it supported the Blockchain sector for a contract and invested more than 150 million euros (162 million dollars), especially helping to finance encryption Hardware wallet Professor Book Company in 2014.

BPIFRANCE said it started testing limited investments through symbols in 2022, including a deal with the Defi lending platform to buy the distinctive code – which grew to be the second largest protocol worth $ 3.24 billion, According to To Devilia.

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Investment capital owners often participate in the investments paid in the symbols. Pitchbook expects Crypto VC offers The highest $ 18 billion this yearNoting a noticeable increase from 13.6 billion dollars raised in 2024.

The encryption platform, which launches a symbol, usually allocates a portion of its supplies to the financiers subject to different lock periods where the symbols cannot be sold.

Part of the distinctive symbol supply is usually given immediately to identify general users in order to refine liquidity, which may lead to the sliding of the distinctive symbol values ​​if they exceed.

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