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France Set to Host First Onchain IPO on LISE Stock Exchange

France Set to Host First Onchain IPO on LISE Stock Exchange

According to CoinDesk, ST Group will list on Paris-based Lise on April 9 using tokenized shares, with the exchange operating under the EU DLT Pilot Regime and approval from ACPR and AMF.

Summary

According to CoinDesk, ST Group will list on tokenized securities exchange Lise on April 9 in what the publication described as the first on-chain IPO. The offering will use tokenized shares. The update adds that Paris-based Lise operates under the EU DLT Pilot Regime with approval from France’s ACPR and AMF, providing clearer regulatory context for the planned listing.

Terms & Concepts
  • on-chain IPO: An initial public offering in which share issuance or ownership records are managed directly on blockchain-based infrastructure.
  • tokenized shares: Digital representations of equity shares issued and tracked on distributed ledger infrastructure.
  • DLT Pilot Regime: A European Union framework that allows approved market infrastructures to test trading and settlement systems using distributed ledger technology.