The European Commission and European Investment Fund are launching a €2bn fund to invest in fundamental technologies amid fears that the US and China are pulling ahead in areas such as AI and blockchain.
I recall following leads that European funds were trying to get their LPs to sign off on a new mandate that would let them buy crypto tokens in 2017. Of course almost all of them counter the EIF as an LP. The European Commission would have effectively been a token holder. https://t.co/FRvcIXwvI1