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BNP Paribas readies blockchain platform for mini-bonds

Move follows decision by the French government to allow issuance on distributed ledger-based crowdfunding platforms

BNP Paribas readies blockchain platform for mini-bonds

BNP Paribas Securities Services is looking to allow companies to issue mini-bonds on its new blockchain platform for private company shares.

The French bank's custody arm has partnered with renewable energy crowdfunding providers Lendosphere, Enerfip and Lumo to enable private companies to issue mini-bonds through distributed ledger technology, it announced on September 19.

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