Europe's first blockchain IPO is here: France’s new exchange is taking aerospace firm public onchain
Summary
The Paris-based Lightning Stock Exchange (Lise), operating under the EU's DLT pilot regime, is preparing to facilitate Europe's first fully onchain initial public offering. The exchange will list ST Group, a French aerospace supplier, on April 9. This initiative aims to provide small and mid-sized enterprises with a more efficient and cost-effective alternative to traditional capital markets by leveraging blockchain technology for the entire IPO process. Backed by major French financial institutions, the move serves as a significant test case for tokenized securities within the European Union.
(Source:CoinDesk)