Finance Breaking news SocGen issues structured product as security token on public blockchain last financial news

Breaking-Finance.Com - Societe Generale has issued the first structured product as a security token directly registered on the Tezos public blockchain.

Finance Breaking news SocGen issues structured product as security token on public blockchain last financial news

Breaking-Finance.Com - Societe Generale has issued the first structured product as a security token directly registered on the Tezos public blockchain.

Finance Breaking news SocGen issues structured product as security token on public blockchain last financial news
15 April 2021 - 13:45

Breaking-Finance.Com - Societe Generale has issued the first structured product as a security token directly registered on the Tezos public blockchain. SocGen says the transaction demonstrates the legal, regulatory and operational feasibility of issuing more complex financial instruments on a public blockchain.

.The experiment follows a covered bond security token issuance on Ethereum, settled in euros, in 2019, and a second such issuance settled in CBDC issued by Banque de France last yearThe transactions are being carried out by SocGen unit Forge, which is working towards being able to offer clients crypto asset structuring, issuing, exchange and custody services by next year.

Source = Breaking-Finance.Com

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Finance Breaking news SocGen issues structured product as security token on public blockchain last financial news


Finance Breaking news SocGen issues structured product as security token on public blockchain last financial news


Finance Breaking news SocGen issues structured product as security token on public blockchain last financial news


Finance Breaking news SocGen issues structured product as security token on public blockchain last financial news

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