As China and the US plow ahead with blockchain based technology the EU have launched a estimated EUR 400 million fund to aviod being left behind. The European Investment Fund (EIF) and the European Commission (EC) have together invested EUR 100 million (over USD 110 million) for a dedicated investment scheme that will make capital available to AI and blockchain projects via VC funds or other investors, EIF, an EU agency set up to indirectly fund SMEs. The EIF commented: Investing in a portfolio of innovative AI and blockchain companies will help develop a dynamic EU-wide investors community on AI and blockchain. By involving national promotional banks, we can scale up the volume of investments at a national level It has been said with the initial funding in place, the EIF said private investors are expected to bring the fund up to EUR 300 million (USD 331 million), while the total could rise further from next year, with national promotional banks being able to co-invest under the scheme. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next US FCC to vote to bar Huawei and ZTE from government subsidy program – Reuters FX Street 3 years As China and the US plow ahead with blockchain based technology the EU have launched a estimated EUR 400 million fund to aviod being left behind. The European Investment Fund (EIF) and the European Commission (EC) have together invested EUR 100 million (over USD 110 million) for a dedicated investment scheme that will make capital available to AI and blockchain projects via VC funds or other investors, EIF, an EU agency set up to indirectly fund SMEs. The EIF commented: Investing in a portfolio of innovative AI and blockchain companies will help develop a dynamic EU-wide investors community on AI… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.