The French stock exchange Lise plans to launch the on-chain IPO of aerospace parts supplier ST Group on April 9.

DeepFlowTech · 2026-04-02T12:05:42+00:00

France's Lightning Securities Exchange Lise plans to list aerospace component supplier ST Group on April 9, becoming Europe's first fully on-chain IPO. Lise has received authorization from the European Union and aims to provide small and medium-sized enterprises with a low-cost, efficient listing pathway, utilizing tokenization technology to accelerate trading and ownership tracking.

DeepFlowTech

2026-04-02 12:05:42

Abstract generation in progress

Deep Tide TechFlow message. On April 2, according to CoinDesk, the French Lightning Securities Trading Exchange (Lise) plans to list aerospace and defense parts supplier ST Group on its platform on April 9, a move that could become Europe’s first fully on-chain initial public offering (IPO).

Last year, Lise received authorization under the EU’s Distributed Ledger Technology (DLT) Pilot Regime. It is the first institution in Europe approved to operate an all-tokenized equity trading venue. Based in Paris, it is backed by French financial institutions including BNP Paribas, CACEIS (a subsidiary of the Crédit Agricole Group), and Bpifrance.

ST Group mainly produces composite materials parts for aviation, defense, and space projects. It is expected that over the next decade, potential project revenues could be about €59 million (around $68 million).

Lise’s positioning is to provide a lower-cost, higher-efficiency path to listing for small and mid-sized businesses, to replace IPO processes in traditional capital markets that are time-consuming and costly. Tokenization technology enables faster trade settlement and more efficient ownership tracking. Nasdaq and the New York Stock Exchange (NYSE) have also previously disclosed plans to trade tokenized securities.

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