BNP Paribas Developing a Blockchain Platform for ‘Minibonds’ Private Stocks

[kreslik.news]

Paris-headquartered banking giant BNP Paribas has announced that it is expanding its blockchain platform for private stocks to help non-exchange-listed companies issue minibonds via crowdfunding platforms.

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The move follows the French government’s initiative to allow private companies to issue minibonds via crowdfunding platforms, which is also encouraging crowdfunding companies to consider using blockchain technology, rather than existing individual ledgers, to ensure the authentication of transactions. BNP Paribas Securities Services aims to have the new platform ready by the end of this year and launch it as the final ... (read more)