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French State Bank Has Launched a New Altcoin Hunt: Will Invest Before Listing! - Coin Bulletin
The French state investment bank Bpifrance announced that it plans to make direct investments in local cryptocurrencies that are not yet traded on exchanges with a fund of 25 million euros.
According to the statement from French investment bank Bpifrance, the new fund will focus on small, new tokens developed by teams in France. The fund will not only invest in these cryptocurrencies but may also support their listing on exchanges. This initiative is seen as an important step to strengthen France's crypto ecosystem and attract the attention of international investors to local projects.
France has been drawing attention with its regulations and investments in cryptocurrencies in recent years. This fund launched by Bpifrance will provide significant support to crypto projects in the country. As a result, new tokens may gain more visibility and their chances of being traded on the exchange may increase.
In the world of cryptocurrencies, especially the support of new tokens in the early stages can attract the interest of large investors. France's move can contribute not only to local projects but also to the global cryptocurrency market.