Societe Generale has partnered with digital asset management tech and infrastructure business Metaco.
The company will operate digital asset custody for FORGE, an integrated subsidiary of Societe Generale.
FORGE provides issuers and investors with end-to-end services to issue, invest and manage digital-native security tokens registered on public blockchains.
“Bridging the digital asset industry and traditional finance requires a multifaceted approach incorporating institutional-grade technology, regulation, as well as industrial capacities,” said Jean-March Stenger, chief executive of Societe Generale – FORGE. “By partnering with Metaco, SG – FORGE will be able to leverage their secure infrastructure to ensure that we have a solid foundation to grow our digital asset market activities.”
Since 2019, Societe Generale and FORGE structured several native security tokens issuances deployed on blockchain for several organisations, including the European Investment Bank’s (EIB) €100 million digital bond issued in 2021.
The investment bank is now offering a range of capital market products to institutional clients under a native security token format on Ethereum and Tezos.
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