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Co-founder and Managing Director of Lise
Arnaud Mournetas is Managing Director and Cofounder of Lise, the French regulated stock exchange dedicated to SMEs and mid-sized companies and the first licensed tokenised stock exchange in Europe. At the head of Lise, he champions a clear conviction: reconnecting savings with the productive economy and making the stock market a driver of reindustrialisation and sovereignty.
An engineer who graduated from Arts et Métiers ParisTech and holds a master’s degree in entrepreneurship, he began his career as a consultant in organisational transformation in the aerospace, industrial and financial sectors. He founded Redstart, an entrepreneurs’ collective and early-stage incubator that has supported around a dozen entrepreneurial projects, and co-founded Kriptown in 2018, one of the first European companies specialising in the tokenisation of financial assets.
This dual background as an engineer and entrepreneur has given him first-hand knowledge of the financing needs of SMEs and mid-sized companies and of their roots in local economies, as well as expertise in tokenisation for capital markets.
European rearmament has filled the order books of France's defence industrial and technological base (the "BITD"). But behind the sector's unmissable major players — Thales, Naval Group, Safran, Dassault Aviation and MBDA chief among them — the roughly 4,500 small and mid-sized firms that make up the supply chain are struggling to raise the capital they need to keep pace.
Arnaud Mournetas
France's aerospace and space industry is entering a decade of exceptional visibility. Order books are full, growth is there. What's at stake now is whether SMEs can turn that opportunity into actual production.
On 18 December 2025, after several years of negotiations, the Council of the EU and the European Parliament reached a political agreement on the Retail Investment Strategy. A reform designed to better protect retail investors against high fees, conflicts of interest in financial advice, and a lack of transparency in investment products.
