How can we help you?

Listing on Lise gives you access to diversified capital, strengthens your company's credibility with partners, clients, and employees, and provides governance and liquidity tools previously reserved for large listed companies.

Lise brings major innovations to modernise the stock market experience for both companies and investors:

• Native DLT technology: Lise is built on blockchain (DLT), enabling advanced automation of post-trade processes and a simplified infrastructure.
• Instant settlement (T+0): Unlike the standard two business days (T+2), the exchange of securities against payment is immediate, eliminating settlement risk.
• Full availability: The secondary market is accessible 24/7, adapting to new digital habits and an international audience.
• Direct access to the primary market: Lise facilitates retail investor access to initial public offerings (IPOs), offering equal opportunity from the moment shares are issued.
• Cost efficiency: Simplifying the value chain and reducing administrative steps allows more competitive terms to be offered to issuers.

Any investor, retail or institutional, can invest on Lise after creating an account, completing the KYC process, and passing the suitability test. Lise is open to residents of France, Europe, the United Kingdom, and Switzerland. Legal entities (companies, investment funds) can also invest via a dedicated account.

Lise is accessible to French SMEs and mid-caps incorporated as SA or SCA. These companies must meet eligibility criteria in terms of legal form, financial health, governance, and transparency. They operate in a variety of sectors: industry, technology, defence, energy, infrastructure, real estate, etc.

Investing on Lise involves standard market risks as well as specific risks related to its digital model:

• Market risks: Risk of capital loss and sometimes reduced liquidity on SME/mid-cap securities.
• Digital security: Like any digital infrastructure, Lise is exposed to cyber risks. We use state-of-the-art protocols and continuous monitoring to ensure market availability.
• Technological evolution: Blockchain technology (DLT) is evolving; Lise maintains constant vigilance to preserve the integrity and resilience of its registries.

Liability: For your security, Lise is responsible for the custody of your assets and undertakes to cover their market value in the event of a confirmed loss on the platform.

The protection of your assets relies on two distinct mechanisms, depending on the nature of the event:

If Lise were to default, legal guarantees take over. Your funds, held in a segregated account with our banking partner, are covered by the French Deposit Guarantee Scheme (FGDR) up to €100,000 per depositor. Your securities are protected by the Securities Guarantee Scheme up to €70,000 per investor.

If an asset were to be lost outside of any default scenario, Lise assumes direct responsibility, up to the market value of the Tokenised Security or the funds concerned. Only an external event beyond its reasonable control, the consequences of which were unavoidable despite all efforts made, may exempt Lise from this liability.

DLT (Distributed Ledger Technology) is a distributed ledger technology: a shared digital ledger in which transactions are recorded securely and immutably. Blockchain is the most well-known form of DLT. On Lise, DLT underpins all operations: issuance, transfer, settlement, and the share registry.

Tokenisation involves digitally representing an ordinary share as a digital token recorded on the blockchain. These tokenised shares retain exactly the same legal rights as traditional shares — only their form of registration changes. Tokenisation enables instant settlement, perfect traceability, and more efficient and cost-effective management.

Lise uses a private, permissioned blockchain (Hyperledger Besu), where only authorised participants can record transactions. This approach ensures a level of control, performance, and regulatory compliance that would be impossible to achieve with a public blockchain — while retaining the core benefits of DLT: speed, traceability, and automation.