French defense company ST GROUP will complete its IPO on the blockchain.

French aerospace and defense company ST GROUP will list on the tokenized stock exchange Lise on April 9, in what is being called the world's first "on-chain IPO." Lise is backed by major French financial institutions BNP Paribas, CACEIS, and Bpifrance, and the offering will be conducted in the form of on-chain tokenized shares.