“Crypto in the City of Love: France’s €25 Million Fund to Back Emerging Tokens”
Oh joy, another fund to throw money at some French crypto projects 🎉. Because, you know, the French are just so good at this whole “crypto” thing 😏.
Targeting Emerging Tokens and Supporting Innovation (or so they claim)
So, this €25 million fund is going to focus on those teeny-tiny tokens that nobody’s ever heard of. The kind that are just begging to be listed on some dodgy exchange 🤣. Because, you know, that’s exactly what the world needs – more untested, unproven tokens that will inevitably tank in value 🚀.
A Strategic Move to Accelerate the French Crypto Industry (or so they say)
Arnaud Caudoux, deputy CEO of Bpifrance, is just so excited about this fund 🤩. He wants to “accelerate the crypto industry” and make France a “key player in the digital asset space”. Yeah, because that’s exactly what the world needs – more French people talking about crypto 🤪.
Bpifrance has a history of throwing money at crypto projects, having invested over €150 million in the past decade. And they’re planning to do the same over the next four years. Because, you know, that’s exactly what happens when you throw money at a volatile market – it just gets better and better 🤑.
Bpifrance’s Successful Crypto Track Record (or so they claim)
Over the past 10 years, Bpifrance has supported around 200 blockchain startups. And, amazingly, most of them are still active 🤯! Who knew that throwing money at crypto projects would actually work? 🤔
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2025-03-28 18:30