French exchange Lise approved as Europe's first tokenized stock exchange

ChainCatcher reported that Lise (Lightning Stock Exchange) in Paris has received authorization from the French financial regulator ACPR, becoming the first company in Europe to operate a fully tokenized stock exchange.

This exchange integrates trading and settlement on a single blockchain platform, targeting French companies with a market capitalization of less than 500 million euros, and plans to launch the first SME IPOs in early 2026. Lise's shareholders include CACEIS (a subsidiary of Crédit Agricole Group), BNP Paribas, and Bpifrance.