The crypto asset subsidiary of Societe Generale has reached the currently highest possible level of regulatory certification, becoming the first-ever digital asset service provider to be licensed by the French Financial Markets Authority.
The two companies and a third unnamed global tier 1 bank carried out the repurchase agreement transactions on Broadridge’s Distributed Ledger Repo platform. The functionality enhances the possibilities for intraday liquidity management.
The crypto asset subsidiary of Societe Generale has reached the currently highest possible level of regulatory certification, becoming the first-ever digital asset service provider to be licensed by the French Financial Markets Authority.
The two companies and a third unnamed global tier 1 bank carried out the repurchase agreement transactions on Broadridge’s Distributed Ledger Repo platform. The functionality enhances the possibilities for intraday liquidity management.
SG-FORGE, the crypto-focused subsidiary of France’s Societe Generale, is launching its Euro-pegged stablecoin, EUR CoinVertible, on the Ethereum public blockchain.
This was a productive month for institutional crypto custody. We have seen a steady flow of news announcements about another financial giant launching crypto services for their clients. Three world-leading banks have started to provide their customers with crypto services.
