CACEIS backs tokenised exchange

CACEIS has acquired a minority stake in Kriptown, a fintech company specialising in asset tokenisation.

The investment supports CACEIS’ strategic plans ahead of the forthcoming launch of Kriptown’s subsidiary, the Lightning Stock Exchange (LISE).

LISE will be the first European tokenised exchange dedicated to SMEs and mid-cap companies.

The investment and forthcoming launch of LISE underscores CACIES’ push to modernise capital markets and accelerate the adoption of digital financial infrastructure.

In aid of this, LISE is in the process of developing a market infrastructure that is designed to simplify equity financing and listings for SMEs.

Lise has applied for approval as a DLT Trading and Settlement System (DLT TSS) under the European pilot regime, which would allow the use of distributed ledger technology (DLT) for trading, issuing and settling financial instruments on blockchain.

CACEIS’ backing of Kriptown, the parent company of the Lightning Stock Exchange (LISE), reinforces the project’s credibility.

The move elevates Kriptown’s standing in the digital asset space, while signalling CACEIS’ intent to back credible infrastructure at the forefront of financial innovation.

 

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