French Bank Societe Generale Issues $122 Million Covered Bond on Ethereum Network

French Bank Societe Generale Issues $122 Million Covered Bond on Ethereum Network
фото показано с : btcmanager.com

2019-4-25 15:00

Societe Generale SFH, a subsidiary of one of Europe’s largest financial services groups, Societe Generale Group, on April 23, 2019, announced that it had issued the first covered bond as a security token on the public Ethereum blockchain.

$122 Million Bond on Ethereum Blockchain An increasing number of banks and financial institutions have turned toRead MoreRead More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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Societe Generale Issues First Covered Bond (EUR 100m) As a Security Token on the Ethereum Blockchain

Societe Generale SFH, a subsidiary of the Societe Generale Group, announced yesterday that it issued covered bonds worth EUR 100 million as security tokens via the Ethereum network. This is the first time the lending firm has made such a move as it explores ways to use blockchain technology to ease financial transactions.

2019-4-24 18:09