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France's top bank Société Général launches a stablecoin

France's top bank Société Général launches a stablecoin
cryptopolitan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cryptopolitan.com Daily Mail and Mail on Sunday newspapers.

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SocGen issues 10-million-euro digital green bond on a public blockchain

Societe Generale, France's third-biggest listed bank, said on Monday it issued its first so-called digital green bond on a public blockchain, as the lender seeks to build expertise in crypto services. AXA Investment Managers, the investment arm of France's biggest insurance company AXA and Generali Investments, its equivalent for Italian insurer Generali fully subscribed the related security tokens, through private placement, SocGen said. Blockchain is a digital ledger that records ownership of tokens. ....

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