The Blockchain Group announces the admission to trading on Euronext Growth of the securities of its subsidiary Eniblock

Eniblock®, the all-in-one platform aimed at supporting players from all sectors towards the Web3

Founded in 2019, Eniblock® has developed an all-in-one software platform (tokenization, custody, workflow, payment and compliance), which offers its services to players who wish to offer a range of digital assets from various sectors, whatever either the asset or the blockchain. Presents a single product to build, manage and host a digital asset solution on cloud-hosted infrastructure.

The platform’s product orientation addresses the booming global market of Web3 (decentralized internet project based on blockchain technology) with an estimated global market size of $ 6.19 billion in 2023 and a compound annual growth rate of 44.6% between 2023 and 2030 (1).

Operation diagram

The purpose of this listing on the Euronext Growth Paris market is to allow Eniblock® to benefit from visibility with investors and to be listed on a market that offers a regulatory framework appropriate to its size and development project.

This admission was approved by Euronext on 14 September 2022. The listing of the securities on the Euronext Growth Paris market will take place as part of a direct listing procedure following a private placement for an amount of € 2.52 million.

The first listing is scheduled for September 20, 2022. The mnemonic code of the Eniblock® stock will be ALENI and the ISIN code will be FR001400C2Z4.

Following the capital increase operations, The Blockchain Group holds 52.05% of the capital and voting rights of Eniblock® and intends to maintain its role as majority shareholder.

Xavier Latil, President and CEO of The Blockchain Group states: “This listing demonstrates the success of The Blockchain Group’s teams and management in developing the Eniblock® platform. Therefore, this new phase will allow to accentuate the marketing dynamics of the Eniblock® platform, to accelerate its implementation, while maintaining an ambitious innovation policy, with the contribution of the group in the fields of quantum and machine learning. “.

(1) “Web 3.0 Blockchain Market” study, Market Research Future (MRFR), March 2022

About the Blockchain Group The Blockchain Group is the French leader in blockchain. From consulting to technological services, passing through research and development and its SaaS platform, the group helps companies to seize all the opportunities offered by blockchain and web3, along the entire value chain. More information on the website: www.theblockchain-group.com
EURONEXT Growth in Paris
Mnemonic: ALTBG
ISIN: FR0011053636
Reuters: ALTBG.PA
Bloomberg: ALTBG: FP
Communication contact: communication@theblockchain-group.com

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