Lise to host tokenized IPO for French defense supplier ST Group
Cointelegraph
French exchange Lise is launching a fully onchain IPO for defense firm ST Group, utilizing blockchain for share issuance and trading.Summary
Lightning Stock Exchange (Lise) is set to host a fully onchain initial public offering (IPO) for the French aerospace and defense company ST Group on April 9. Unlike traditional market infrastructure, Lise issues and trades shares as digital tokens on a private Hyperledger Besu blockchain, acting as both a Multilateral Trading Facility and a Central Securities Depository. Supported by Allinvest Group, the platform aims to streamline capital raising by eliminating subscription and custody fees. While the move represents a significant step for tokenized securities, the initiative will test whether such platforms can overcome historical challenges regarding liquidity, regulatory friction, and scalability.
(Source：Cointelegraph)