CACEIS, a subsidiary of the French Agricultural Credit Bank, acquires shares in Kriptown to support the launch of the blockchain exchange Lise

According to reports, CACEIS, an asset services unit under the French Agricultural Credit Bank, has acquired a stake in the French fintech company Kriptown to support the launch of the blockchain trading platform Lise. Lise aims to simplify the equity financing and listing process for small and medium-sized enterprises, becoming the first tokenized exchange in Europe based on blockchain technology. Currently, the platform is awaiting approval for the DLT trading and settlement system under the EU pilot program. If approved, it will allow companies to issue, trade, and settle financial instruments directly on the distributed ledger, significantly reducing the time and cost of traditional IPOs, with the first IPO scheduled to launch in 2025.