French state-owned investment bank Bpifrance has announced the launch of a €25 million ($27 million) cryptocurrency fund aimed at investing directly in local digital assets and tokens. The initiative is designed to bolster the French blockchain ecosystem and support domestic companies involved in decentralized finance (DeFi), tokenization, and artificial intelligence (AI) projects. This move is backed by the French Ministry of Economy and Finance, reflecting a strategic effort to position France as a competitive player in the global digital asset market. Bpifrance's commitment to this fund indicates a shift in governmental support for blockchain technology and innovation within the country.