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SocGen Crypto Arm to Bring Its Euro Stablecoin to XRP Ledger, Lays Out Plan for Going Multichain
14.11.2024
The French financial services firm said earlier this year it will also expand EURCV to the Solana network after struggling to attract users on Ethereum
SocGen's Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum
20.9.2024
Stablecoins are becoming systemically important to the global financial economy, Bernstein wrote in a recent report
SocGen’s Own Stablecoin Set to Debut Trading on Bitstamp Exchange
6.12.2023
Source: AdobeStock / AUFORT Jérome French banking giant Societe Generale is listing its stablecoin, dubbed EUR CoinVertible, on the Luxembourg-based Bitstamp crypto exchange. EUR CoinVertible will be fully backed by Euros and issued on the Ethereum public blockchain, SocGen said in a release....
Ethereum-based Tokenization Attracts Traditional Finance Giants
5.12.2023
As institutions regain interest in both Bitcoin (BTC) and Ethereum (ETH) as investment assets, they’re also exploring how the blockchain can redefine how finance is done using traditional assets. French financial giant Societe Generale (GLE), aka SocGen, announced on Monday that it completed a...
AXA, Generali Jump on the RWA Wagon Following Purchase of SocGen’s Green Bonds
5.12.2023
Source: Shutterstock AXA Investment Managers and Generali Investments have recently joined the growing bandwagon of companies purchasing tokenized green bonds as the digitalization of real-world assets (RWAs) gains momentum. According to a press release by French banking giant Societe Generale,...
Tokenization of RWAs Gets Push in Europe as AXA, Generali Buys SocGen's Green Bonds on Ethereum
4.12.2023
SocGen said tokenized bonds provide greater transparency and traceability, as well as speedier transactions and settlements
USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’
9.10.2022
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société...
Why French Lender SocGen Issued a $110 Million Ethereum Bond to Itself
11.10.2019
Societe Generale has no plans to resell its $110 million ethereum bond, but future blockchain trials will involve external investors, an exec said
French Giant SocGen Chose Ethereum for its Digital Token Experiment
9.5.2019
Major traditional financial companies are quietly experimenting with digital tokens. This time, it's French giant Societe Generale Group (SocGen.)
In April, Societe Generale SFH, a subsidiary of SocGen, sold EUR 100 million, or USD 112 million, of covered bonds (debt backed by mortgages) in...