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Societe Generale and Bank of France conduct blockchain-based repo transactions

Societe Generale and Bank of France conduct blockchain-based repo transactions

CointimeCointime2024/12/13 10:22
By:Cointime

SG-Forge, a subsidiary of Societe Generale, has conducted a repurchase transaction with the Bank of France. SG-Forge deposited some of the bonds issued in 2020 into the Ethereum blockchain as collateral in exchange for the CBDC issued by the central bank on its DL3S blockchain.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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