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The Daily Hodl
2019-04-24 13:33:45

Societe Generale Subsidiary Issues $112 Million Covered Bond As Security Token on Ethereum Blockchain

Societe Generale SFH, a subsidiary of Societe Generale Group, issued covered bonds worth $112 million (€100 million) on the public Ethereum blockchain. The bonds have been issued as a security token. The bank hopes the transaction will help to improve transparency and efficiency of bond issuances. According to the announcement, “This live transaction explores a […]The post Societe Generale Subsidiary Issues $112 Million Covered Bond As Security Token on Ethereum Blockchain appeared first on The Daily Hodl.