BlockBeats news, on October 10, French blockchain securities trading platform Kriptown announced the completion of 4.2 million euros in Series A financing, led by BNP Paribas, Bpifrance and Centilux Family Office, and BNP Paribas and Bpifrance became shareholders of the company.
The new funds will be used to establish a European stock exchange specifically for small and medium-sized enterprises under the European DLT pilot system, allowing the creation of financial markets based on blockchain technology.
In addition, Kriptown has officially submitted a DLT TSS (Trading and Settlement System) license application to the French Prudential Supervision and Resolution Authority (ACPR) under the European DLT pilot system.