According to ChainCatcher, CACEIS, the asset servicing division of Crédit Agricole, has announced the acquisition of a minority stake in fintech company Kriptown to support the development of Lise, Europe’s first blockchain-based equity exchange focused on small and medium-sized enterprises.
The platform is currently seeking regulatory approval under the EU DLT pilot regime, aiming to streamline the IPO process for companies through distributed ledger technology and to enable the full lifecycle of securities issuance, trading, and settlement on-chain. The first IPO project is scheduled to launch in 2025.