Altcoins Talks - Cryptocurrency Forum
Further Discussions => Banks & Cryptos => Topic started by: Dociko on April 15, 2021, 05:06:09 PM
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Société Générale continues its crypto and blockchain experimentation by issuing a tokenized security on the Tezos network.
European financial behemoth Société Générale has issued a security token on the Tezos blockchain.
According to an announcement on Thursday, the move constitutes the first tokenized asset offered by Société Générale.
The bank stated that the security token offering was a significant milestone in the efforts to begin full-spectrum cryptocurrency market operations by 2022.
Société Générale, through its subsidiary, Société Générale – Forge, reportedly plans to issue tokenized securities that can be integrated with legacy banking systems. Apart from asset tokenization, the bank’s crypto foray will also include exchange and custody services for institutional clients. The bank stated:
Source: Cointelegraph (https://cointelegraph.com/news/one-of-europe-s-largest-investment-banks-issues-security-token-on-tezos)