Share this article
Credit Agricole's Asset Servicing Unit Backs Tokenized SME Exchange in Europe
CACEIS acquired a minority stake in French fintech Kriptown to support tokenized exchange Lise and simplify SME listings.
Aug 4, 2025, 8:06 a.m.
What to know:
- Lise will target SMEs and mid-cap firms with blockchain-based trading infrastructure
- Platform’s launch awaits DLT Trading and Settlement System approval under EU pilot regime
CACEIS, the asset servicing arm of Credit Agricole, has acquired a minority stake in French fintech Kriptown to support the launch of Lise, a blockchain-based exchange aimed at SMEs and mid-cap companies.
Lise, short for Lightning Stock Exchange, is set to be Europe’s first tokenized exchange focused on streamlining equity financing and public listings for smaller firms, CACEIS said in a press release on Monday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Lise is currently awaiting regulatory approval as a DLT Trading and Settlement System (DLT TSS) under the European pilot regime. If approved, it would allow companies to issue, trade, and settle financial instruments directly on a distributed ledger, cutting down the time and costs associated with traditional IPO processes.
Lise would allow investors to trade shares on a secondary market that operates around the clock, without the bottlenecks of standard clearing houses, or lengthy coordination of multiple intermediaries.
The move aligns with CACEIS’s broader push into digital assets, which saw it receive MiCA approval earlier this year.
Founded in 2018, Kriptown develops infrastructure for tokenizing financial instruments, integrating both market and post-trade operations. Lise’s first IPO is planned for 2025, contingent on receiving the necessary approvals.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Crypto Firm Tether Says It Wants to Take Over Italian Football Club Juventus
The issuer behind the most popular stablecoin said that if the bid succeeds, it prepares to invest $1 billion in the football club.
What to know:
- Tether said it aims to take over popular Italian football club Juventus FC.
- The firm proposed to acquire Exor's 65.4% stake in an all-cash offer, and intends to make a public offer for the rest of the shares.
- Tether reported net profits exceeding $10 billion this year, while its flagship token USDT is the world's dominant stablecoin with a $186 billion market capitalization.
Top Stories
