Ethereum At The Heart Of A Unique Repo Signed By Société Générale And Banque De France


Fri 13 Dec 2024 ▪
4
min read ▪ by
Evans S.

The world of crypto is marking a new historical page. Société Générale, through its subsidiary SG-Forge, and the Banque de France have realized a revolutionary transaction based on the Ethereum blockchain. This buyback of securities (or repo), the first tokenized operation of its kind involving a central bank in the euro area, redefines the integration perspectives between traditional finance and digital innovations.

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A pioneering transaction on Ethereum

In a bold move, SG-Forge deposited bonds issued in 2020 as collateral on the public Ethereum…

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