Societe Generale, the third-largest bank in France, has issued its first digital green bond as a Security Token on the Ethereum public blockchain. The bond, valued at 10 million euros, will be used to finance or refinance products and companies classified under the Eligible Green Activities category. One of the innovative features of this bond is its digital infrastructure, which provides 24/7 access to data on its carbon footprint through a smart contract. Additionally, investors have the option to settle securities on-chain using the EUR CoinVertible, a euro-pegged stablecoin issued by Forge. This move by Societe Generale demonstrates its awareness of the potential of central bank digital currencies. The bank has been actively involved in the crypto sector, issuing euro bonds on the Ethereum blockchain and security tokens on the Tezos blockchain. In July 2023, Forge became the first company to obtain the highest access license for crypto services in France.

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Information	Details
Geography	Europe
Countries	🇫🇷
Sentiment	very positive
Relevance Score	1
People	None
Companies	Forge, None, Tezos, EUR CoinVertible, Societe Generale
Currencies	Ethereum, Euro, Dai, Tezos
Securities	None