CACEIS dey back Kriptown dem Lise tokenized SME exchange
CACEIS wey be the asset servicing arm of Credit Agricole don buy small minority stake for French fintech Kriptown to help launch Lise, wey be Europe first tokenized exchange for SMEs and mid-cap companies. Lise (Lightning Stock Exchange) want make e easy to do equity financing and public listings by making companies fit issue, trade and settle shares directly on distributed ledger. The platform dey wait make dem approve am as DLT Trading and Settlement System under EU pilot regime; if dem approve am, e go provide 24/7 blockchain trading wey no get delay like normal clearing house. This move dey complement CACEIS bigger push for digital asset wey dem start with their recent MiCA approval, and e dey use Kriptown tokenization technology wey cover market and post-trade operations. Lise first IPO dey plan for 2025, if regulatory clearance come through.
Bullish
Dis partnership dey show say institution dem strong to support tokenized exchange models and regulatory progress for Europe, weh fit boost traders confidence for blockchain trading infrastructure. If dem approve Lise as DLT Trading and Settlement System, e go be milestone, wey go mirror di past bullish reactions to digital asset regulatory clarity and infrastructure launches. For short term, market impact fit dey low until approvals come; for long term, if dem start to use tokenized SME listings well well, e fit increase trading volumes, improve liquidity and bring institutional capital come blockchain markets.