France’s Lightning Stock Exchange (Lise) is set to host Europe’s first fully onchain stock market debut. The move positions Lise and ST Group as an early test case for going public directly on blockchain rails within EU rules.
ST Group, a French aerospace supplier, will list on April 9. The company builds composite parts used in aircraft, defense systems, and space programs. It claims €59 million in potential revenue over the next decade.
Lise, approved under the EU’s DLT pilot regime, targets small and mid-sized firms seeking faster, cheaper access to public capital. Backed by French institutions including BNP Paribas and Bpifrance, the exchange supports tokenization for equities, bonds, and other assets.
This initiative could transform capital markets by enabling more efficient settlement and ownership tracking.
Wall Street giants such as Nasdaq and NYSE are also exploring tokenized securities, signaling broader industry adoption of blockchain for financial infrastructure.
The launch may serve as a model for smaller enterprises aiming to enter public markets under European regulations.