Capital markets News Technology Media Telecoms

Wiztrust to help Euronext listed firms tackle fake corporate news with blockchain

fake news

French cloud software provider Wiztopic announced a partnership with Euronext Corporate Services, a subsidiary of the stock exchange Euronext. Euronext will offer its clients the option of adopting the Wiztrust blockchain certification platform to combat fake news for listed companies. 

If an individual copies and manipulates a corporate announcement, it could affect the company’s stock price. Wiztopic’s platform will certify corporate press releases on blockchain, providing an extra layer of security and trust for the investors and other parties.

Founded in 2014, the startup claims it was the first blockchain platform to certify corporate content. Currently, 20% of the information on French stock market indexes CAC 40 and SBF 120 is certified on Wiztrust’s certification platform and distributed through Wiztopic. Listed companies such as industry powerhouses Axa, Allianz, Credit Agricole, Natixis, Renault and L’Oreal also work with Wiztopic for information distribution and certification services. 

Article continues …

subscriber padlock

Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.