BPIFrance, an investment bank owned by the French state, plans to invest 25 million euros (27 million dollars) in digital assets as part of an initiative to enhance the Blockchain industry in the country.
The bank will buy and carry coding codes related to The decentralized financing (DEFI) Distinguished Code, Fick and Fick, He said on Thursday.
This plan is for investments to invest local Blockchain projects in its early stages to improve the broader Blockchain industry in France
The bank said: “The ability to invest directly in digital assets is an important step forward for BPIFRANCE and a leading initiative among sovereign wealth boxes.”
France has emerged as a prosperous coding center in 2022, when it sought to anticipate Enter European Union markets in regulating encryption assets (MICA) A number of prominent cryptocurrencies were seduced to make the country its European base.
publish_date
