Catenaa, Tuesday, April 01, 2025-French state-owned investment bank Bpifrance announced plans Thursday to launch a €25 million ($27 million) fund to invest directly in digital assets, aiming to bolster France’s presence in the crypto sector.
The initiative, backed by the Ministry of Economy and Finance, is part of France’s strategy to strengthen its digital asset ecosystem amid growing global competition. The fund will invest in decentralized finance, tokenization, blockchain infrastructure, artificial intelligence and identity verification, receiving tokens instead of equity.
Bpifrance Deputy CEO Arnaud Caudoux said the ability to invest directly in tokens has become “much more urgent” due to the United States’ accelerating crypto policies under the Trump administration.
President Donald Trump has positioned the US as a leader in the digital asset space, signing an executive order in March to establish a Strategic Bitcoin Reserve and Digital Assets Stockpile. He is also pushing for stablecoin and crypto market structure legislation in Congress.
France has invested more than €150 million in blockchain projects over the past decade, supporting 200 startups. Bpifrance has backed companies like Ledger and DeFi protocol Morpho.
The government aims to make France a “center of excellence” for digital asset technology, Minister Delegate for AI and Digital Clara Chappaz said.
