As reported by BitcoinWorld, Societe Generale’s cryptocurrency subsidiary SG-Forge has issued the first tokenized US bond on a blockchain. The bond, which operates on the Canton Network and uses technology from Broadridge Financial Solutions, is linked to the Secured Overnight Financing Rate (SOFR). DRW acted as the initial purchaser, signaling institutional confidence in the new asset class. The move highlights growing adoption of blockchain in traditional finance and demonstrates how major banks are leveraging digital infrastructure to improve efficiency, transparency, and accessibility in bond markets.
Societe Generale Subsidiary Issues First Tokenized US Bond on Blockchain
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