Société Générale Completes First Repo on Public Blockchain
Société Générale uses digital securities and blockchain-based CBDC to complete a collateralized market transaction with Banque de France successfully. The National Bank of France, the Banque de France, and Société Générale, the country’s third-largest bank by total assets after BNP Paribas and Crédit Agricole, have finished a blockchain-based repo deal. The transaction featured bonds produced […]
Societe Generale Launches Digital Green Bond on Ethereum Blockchain
Societe Generale has issued its first unsecured digital green bond on the Ethereum Blockchain, with a value of 10 million euros and a maturity period of three years. Societe Generale, the third-largest bank in France, has disclosed the issuance of its inaugural digital green bond on the Ethereum public blockchain in the form of a […]
Societe Generale Issues €10m Digits Green Bond on Blockchain
Societe Generale, a global financial corporation based in France, launched its inaugural digital green bond on a blockchain network. The Paris-based banking business reportedly possesses senior preferred unsecured notes with a three-year maturity valued at close to $11 million on the Ethereum (ETH) blockchain. Generali Investments and AXA Investment Managers “fully subscribed the related security […]
Societe Generale Obtains France’s First Crypto Licence
French bank Societe Generale has become France’s first company to obtain a crypto services license. The provider will be granted the right to custody of the digital assets and the ability to buy, sell, and exchange them for real money. On July 19, the Autorité des Marchés Financiers (AMF), France’s stock market regulator, updated its […]