Published: 6/29/2026 10:36:36 AM
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A common European market for securities. That is the long-term vision behind the technology company Kriptown's and the French stock market Lise's bid for Spotlight Group. That is what Kriptown's CEO and founder Mark Kepeneghian says in an interview with Dagens Tillväxt.So far, the bid has been accepted by shareholders representing around 84 percent of the shares in Spotlight.- Together, Lise and Spotlight can help drive the creation of a common securities market in the EU. The fragmentation of European financial markets hampers liquidity compared with the integrated US market. This deal is the first step toward making that vision a reality, says Mark Kepeneghian.According to Kepeneghian, Lise and Spotlight complement each other well. While Kriptown contributes the technology, both marketplaces have experience of helping small and medium-sized companies operate in the stock market.- For the market to function better, it needs to be rebuilt. Kriptown has the tools, while Lise and Spotlight have the marketplaces.Despite the ambition to build a broader European capital market, there are no plans for further acquisitions for the foreseeable future.- Spotlight is a unique company that gives us a direct presence in the Nordic market. It is the perfect piece of the puzzle to realize our vision, says Mark KepeneghianThe news site Dagens Tillväxt is owned by Spotlight Group.
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