Mark Kepeneghian

Chief Executive Officer
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Mark Kepeneghian is CEO and founder of Lise, a French regulated market infrastructure authorised by the ACPR under the EU Pilot Regime, integrating both a multilateral trading facility (MTF) and a central securities depository (CSD) within a single blockchain-based platform. Lise operates 24/7 with instant delivery-versus-payment settlement, with no T+2 cycle, no clearing house, and no dependency on traditional intermediation chains. Its stated focus is broadening equity financing access for SMEs and mid-caps. On 9 April 2025, Lise executed what it described as the first-ever on-chain IPO, listing ST Group, an aerospace and defence SME based near Toulouse, on its natively tokenised infrastructure. Investors participated via tokenised deposits, with a minimum ticket of one share and no subscription or custody fees. Lise counts BNP Paribas, CACEIS (Crédit Agricole Group), and Bpifrance among its shareholders.

Kepeneghian founded Kriptown in October 2017, the technology company that designs the trading and post-trade architecture underpinning Lise's tokenised instruments. Kriptown raised €4.2 million from BNP Paribas and Bpifrance, a round that coincided with the application for CSD and stock exchange approval. Alongside his operational roles, he is Vice-President and Chair of the Tokenization Committee at ADAN, a board member at France FinTech, and a member of the AMF's "Market Organisation and Functioning" Consultative Commission. Prior to Kriptown, he co-founded Aspix between January 2015 and July 2017. He holds a degree from ESCP, dated 2014.

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Inés Beneyto Brunet

Head of Strategy

Ines Beneyto Brunet is Head of Strategy at Lise, based in Paris. She has a background from Université Paris Dauphine - PSL and focuses on capital markets and market infrastructure innovation.

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