Bpifrance will invest in smaller, newly-issued tokens from French projects, focusing on assets that have yet to be listed on exchanges, reinforcing its commitment to fostering local Web3 innovation

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Bpifrance will specifically target "smaller, newly-issued tokens" from French projects—assets that have yet to be listed on exchanges.
Bpifrance said in a March 27 press release that it would back newly formed projects “with a strong French footprint” where it will receive tokens in return for its investment and will look to fund decentralized finance (DeFi), staking, tokenization and artificial intelligence.

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France’s digital asset push

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