🚀 Kriptown Secures €4.2 Million In Series A Funding
#Kriptown #SeriesAFunding #Blockchain #SecuritiesTrading #EuropeanDLTPilot #SMEs #BNPParibas #Bpifrance #FinancialMarkets #DLTTSS #ACPR
According to Odaily, French blockchain securities trading platform Kriptown has announced the completion of a €4.2 million Series A funding round. The round was led by BNP Paribas, Bpifrance, and Centilux Family Office, with BNP Paribas and Bpifrance becoming shareholders in the company. The newly acquired funds will be utilized to establish a European securities exchange specifically for small and medium-sized enterprises (SMEs) under the European DLT pilot regime. This initiative aims to create financial markets based on blockchain technology.
Additionally, Kriptown has officially submitted an application for a DLT TSS (Trading and Settlement System) license to the French Prudential Supervision and Resolution Authority (ACPR) under the European DLT pilot regime.#Kriptown #SeriesAFunding #Blockchain #SecuritiesTrading #EuropeanDLTPilot #SMEs #BNPParibas #Bpifrance #FinancialMarkets #DLTTSS #ACPR
🚀 CACEIS Acquires Stake in Kriptown to Launch Blockchain Exchange Lise
#CACEIS #Kriptown #Lise #blockchain #exchange #fintech #equityfinancing #SMEs #tokenizedexchange #DLT #IPO #EuropeanUnion #financialinstruments #distributedledger #2025
According to PANews, CACEIS, the asset servicing division of Crédit Agricole, has acquired a minority stake in French fintech company Kriptown. This move is aimed at supporting the launch of Lise, a blockchain-based exchange.
Lise is designed to simplify equity financing and listing processes for small and medium-sized enterprises (SMEs) and mid-sized companies. It aims to become Europe's first tokenized exchange based on blockchain technology. The platform is currently awaiting approval under the European Union's pilot program for DLT trading and settlement systems. If approved, it will enable companies to issue, trade, and settle financial instruments directly on a distributed ledger, significantly reducing the time and cost associated with traditional initial public offerings (IPOs). The first IPO is expected to commence in 2025.#CACEIS #Kriptown #Lise #blockchain #exchange #fintech #equityfinancing #SMEs #tokenizedexchange #DLT #IPO #EuropeanUnion #financialinstruments #distributedledger #2025