Blockchain Fintech Launches
July 14, 2017
BNP Paribas, CACEIS, Caisse des Dépôts, Euroclear, Euronext, S2iEM and
Société Générale with the support of Paris EUROPLACE have created of the
European fintech venture LiquidShare. This new independent startup is
the fruit of a partnership launched by its shareholders in June 2016 to
develop a post-trading blockchain infrastructure for the Small and
Medium Enterprise (SME) market.
LiquidShare is a dynamic and innovative company which core objective is
to improve SME’s access to capital markets, improving the transparency
and security of post-trading operations using blockchain. With the
financial support of its shareholders, the company aims to develop and
operate a post-trading infrastructure that will serve these companies
specifically. Eventually, the solution aims to reduce transaction costs.
LiquidShare will be set up shortly in a Parisian incubator where it will
employ various profiles to implement the platform. The startup will be
led by Thibaud de Maintenant, who is named Chief Executive Officer of
the company. In close cooperation with its large institutional partners,
Thibaud de Maintenant will combine functional and technical expertise
with innovative solutions to work towards the company’s goal.
the launch, he commented: “With the launch of LiquidShare, we will use
the great potential of the blockchain technology to become a key player
in the post-trade industry. Supported by shareholders across the
European financial market ecosystem, this initiative is the first of its
In addition, Anthony Attia, Managing Board member of Euronext, is
appointed Chairman of the Supervisory Board of LiquidShare.
LiquidShare harnesses blockchain technology that consists of a virtual
ledger that assembles data for shared distribution between many
different users. This technology has the potential to dramatically
simplify the chain of post-trade operations, guaranteeing and
facilitating the consolidation of securities registers, all while
enabling a higher speed of execution with real-time settlement at T+0.