投资2500万欧元（2700万美元）的数字货币

法国国有银行Bpifrance揭示了投资2500万欧元（2700万美元）的数字货币的意图。

Bpifrance, the state-owned bank of France, will invest up to 25 million euros ($27 million) in digital currencies.

法国国有银行Bpifrance将在数字货币上投资多达2500万欧元（2700万美元）。

The move will see the bank put the money into existing blockchain initiatives in France, in exchange for which Bpifrance will obtain tokens from the startups. The bank will focus on decentralized finance (DeFi), staking, Web3, tokenization and artificial intelligence.

此举将使银行将资金投入法国现有的区块链计划，以交换Bpifrance将从初创公司获得令牌。该银行将专注于分散的财务（DEFI），Staking，Web3，令牌化和人工智能。

The French Ministry of Economy and Finance is supportive of the initiative. Bpifrance aims to highlight innovative blockchain technologies and increase France’s presence in this emerging sector. While blockchain is rapidly developing worldwide, the bank noted that French investments in the field are still limited.

法国经济和金融部支持该倡议。 Bpifrance旨在突出创新的区块链技术，并增加法国在这一新兴行业中的存在。尽管区块链在全球范围内迅速发展，但该银行指出，法国在该领域的投资仍然有限。

France’s Role in the Crypto Industry

法国在加密货币行业中的作用

Both public and private funding are crucial to ensuring France’s competitiveness in the global market, said France’s digital and artificial intelligence minister, Clara Chappaz.

法国数字和人工智能部长克拉拉·查帕兹（Clara Chappaz）表示，公共和私人资金对于确保法国在全球市场上的竞争力至关重要。

Bpifrance Deputy CEO Arnaud Caudoux shared similar sentiments. He believes blockchain companies will play an increasingly vital role in the economy and that France needs to strengthen its position.

Bpifrance副首席执行官Arnaud Caudoux具有类似的观点。他认为，区块链公司将在经济中发挥越来越重要的作用，法国需要加强其地位。

“The US is really accelerating its own crypto strategy, so this is all the more important,” Caudoux said at a press conference, according to a report by Reuters. He also mentioned that Bpifrance started investing in crypto even before the United States launched its latest initiatives in the sector.

路透社的一份报告说：“美国确实正在加快自己的加密战略，因此这更重要。”他还提到，Bpifrance甚至在美国在该领域发起最新举措之前就开始投资加密货币。

Over the past ten years, Bpifrance has been actively involved in investments within the blockchain industry. To date, the bank has contributed more than 150 million euros ($162 million) to various projects.

在过去的十年中，Bpifrance一直积极参与区块链行业的投资。迄今为止，该银行为各种项目贡献了超过1.5亿欧元（1.62亿美元）。

Among its early investments was in Ledger, a French company that makes crypto hardware wallets. The bank helped fund Ledger in 2014.

它的早期投资包括在法国制造加密货币钱包的法国公司Ledger。该银行在2014年帮助资助分类帐。

In 2022, Bpifrance began testing token-based investments on a smaller scale. One of its first deals was with Morpho, a decentralized finance lending platform.

2022年，Bpifrance开始以较小的规模测试基于令牌的投资。它的第一个交易之一是与分散的财务贷款平台Morpho。

Morpho has since become one of the largest DeFi protocols, with a total locked value of $3.24 billion, according to crypto analytics firm DefiLlama.

根据Crypto Analytics Defillama的数据，Morpho已成为最大的DEFI协议之一，总锁定价值为32.4亿美元。

Crypto Investments on the Rise

加密投资正在上升

Bpifrance’s approach reflects a broader trend in the crypto industry, with more venture capital firms investing in blockchain projects through tokens.

Bpifrance的方法反映了加密货币行业的更广泛趋势，通过代币，更多的风险投资公司投资了区块链项目。

Crypto venture capital deals are expected to reach $18 billion by 2025, up from $13.6 billion in 2024.

到2025年，加密风险投资交易预计将达到180亿美元，高于2024年的136亿美元。

When crypto projects launch tokens, they usually allocate a portion to investors with lock-up periods that prevent them from being sold immediately. Another part of the token allocation goes towards the creation of a public token to be sold to generate liquidity.

当加密项目推出代币时，他们通常将一部分分配给有锁定期的投资者，以防止他们立即被出售。令牌分配的另一部分是为了出售公众代币而创建以产生流动性。

If users sell the tokens too quickly, it can affect the token price, which in turn influences the valuation of the crypto project.

如果用户出售代币过快，它可能会影响令牌价格，这反过来会影响加密项目的估值。