France's Lise Exchange Bets Big on ST Group's Onchain IPO — But Is Blockchain Ready for Prime Time?
Picture this: An aerospace supplier's shares going public not on the Paris bourse, but tokenized on blockchain. France's Lise exchange is making it happen with ST Group — but after 20 years in tech, I've seen enough 'revolutions' fizzle.
⚡ Key Takeaways
- Lise's ST Group listing marks Europe's first fully onchain IPO on April 9, targeting SMEs with cheaper, faster access. 𝕏
- Backed by French giants, it tests EU DLT regime — but liquidity and hacks loom large. 𝕏
- Skeptical outlook: Echoes ICO hype; success could blueprint tokenization, failure reinforces TradFi dominance. 𝕏
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Originally reported by CoinDesk