kriptown

ChainCatcher news, CACEIS, the asset services division of Crédit Agricole, announced the acquisition of a minority stake in the fintech company Kriptown, supporting its development of Lise, the first blockchain equity exchange in Europe focused on small and medium-sized enterprises.The platform is currently applying for regulatory approval under the EU DLT pilot program, aiming to simplify the corporate IPO process through distributed ledger technology, with the entire chain of securities issuance, trading, and settlement on the blockchain. The first IPO project is planned to launch in 2025.

ChainCatcher news, the French blockchain securities trading platform Kriptown announced the completion of a €4.2 million Series A funding round, led by BNP Paribas, Bpifrance, and Centilux Family Office, with BNP Paribas and Bpifrance becoming shareholders of the company. The new funds will be used to establish a European stock exchange specifically for small and medium-sized enterprises under the European DLT pilot regime, allowing the creation of financial markets based on blockchain technology.In addition, Kriptown has officially submitted a DLT TSS (Trading and Settlement System) license application to the French Prudential Supervision and Resolution Authority (ACPR) under the European DLT pilot regime.