The Warsaw Stock Exchange (WSE) has announced the launch of a private market based on a blockchain. It has a chance to be in the avant-garde of the blockchain revolution as most of the capital markets have taken a rather cautious approach to this technology.
Opinions are divided on the strength of the interdependence of the stock market trends and economic growth. In Poland one can often encounter the fairly popular idea that changes in the stock market outlook precede changes in the macroeconomic situation by about six months.
The Warsaw Stock Exchange has to confront the challenge, skilfully attracting issuers from our region and enlisting participants among growing family-owned private companies - says Konrad Konarski, a partner in Baker&McKenzie.