CACEIS has invested in Kriptown to support the launch of the first Tokenized trading platform based on Blockchain in Europe, aiming to improve the IPO process for small and medium-sized enterprises.
The Lise platform will help simplify equity fundraising and initial public offerings for small and medium-sized enterprises, minimizing costs and time compared to traditional methods through the application of Distributed Ledger Technology.
MAIN CONTENT
CACEIS invests minority equity in the fintech Kriptown, promoting the development of the Lise platform.
Lise is the first Tokenized exchange on Blockchain in Europe dedicated to SMEs and medium-sized enterprises.
The platform is awaiting approval for the DLT trading system in the EU pilot program, with the first IPO expected in 2025.
What is the Lise platform and what are its development goals?
Lise is the first Tokenized exchange in Europe applying Blockchain technology to help small and medium-sized enterprises optimize the capital raising process and initial public offerings (IPOs).
Developed by Kriptown with the support of CACEIS, Lise aims to fundamentally change the issuance and trading of financial instruments by using Distributed Ledger Technology (DLT), thereby reducing time and costs compared to traditional IPO processes. This means that companies can raise capital quickly, transparently, and more efficiently.
A major advantage of Lise lies in its suitability for SMEs and medium-sized enterprises, which often face difficulties accessing the large capital market. This platform promises to open up a new financial channel that is friendly to the modern EU legal framework.
How does the Lise platform operate within the EU legal framework?
Lise is currently in the process of awaiting approval for the trading and payment system based on Distributed Ledger Technology (DLT) under the European Union's pilot program.
If approved, Lise will become a platform that allows companies to issue, trade, and complete financial transactions on the Blockchain platform, instead of traditional intermediary processes. This helps shorten the IPO issuance time from many months to a shorter period and significantly saves costs.
In addition, operating within the EU framework ensures that Lise complies with high standards of security, transparency, and investor rights, enhancing the persuasiveness and reliability of the European capital market.
The application of Blockchain technology in securities trading will create a more transparent financial market, reduce costs, and enhance efficiency for investors and businesses.
Mr. Jean Dupont, CEO of CACEIS, 2023
What is the plan for the first IPO on the Lise platform?
The expected date for the first IPO on the Lise platform is 2025, marking an important development step for this reputable Tokenized trading platform.
This event will be a testament to the practical and effective operation of a Blockchain-based exchange for traditional financial instruments. In addition, the first IPO is expected to attract the interest of small and medium-sized enterprises, expanding the digital financial ecosystem in Europe.
The launch of the IPO on Lise also contributes to driving innovation in the capital market, increasing competition for businesses, and diversifying options for both individual and institutional investors.
Frequently Asked Questions
Who is the Lise platform for?
Lise targets small and medium-sized enterprises as well as medium-sized companies that want to optimize the capital raising process.
What is the main technology used in the Lise platform?
The platform applies Distributed Ledger Technology (DLT) to enable transparent, fast, and secure transactions and payments.
When will the first IPO on Lise take place?
The first IPO is expected to take place in 2025, after the platform is approved for the EU's DLT trading system.
What role does CACEIS play in this project?
CACEIS contributes minority equity and supports development to promote the launch and operation of the Lise platform.
What are the advantages of the Lise platform compared to traditional IPO methods?
Lise helps reduce costs, shorten the time for issuing shares, and increase transparency thanks to Blockchain technology.
Source: https://tintucbitcoin.com/kriptown-nhan-dau-tu-tu-caceis/
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