Europe's first blockchain IPO launches onchain

France's Lightning Stock Exchange (Lise) is set to host Europe's first fully onchain stock market debut, listing aerospace firm ST Group on April 9. This move positions Lise and ST Group as a significant test case for conducting IPOs directly on blockchain technology within the European Union's regulatory framework. If successful, this process could provide a more cost-effective and expedited route to public markets for smaller and mid-sized companies, which often face high expenses and lengthy timelines with traditional IPOs. The exchange, backed by major French financial institutions, aims to leverage tokenization to streamline capital raising.