- Société Générale’s digital asset arm leads successful tokenized bond trial.
- EURCV stablecoin enables secure blockchain integration.
- Highlights advanced on-chain financial instruments usage.
Société Générale’s SG-Forge, in collaboration with SWIFT, successfully concluded a tokenized bond settlement trial in early 2025 within European jurisdictions, using its EURCV stablecoin for transactions.
The trial signifies a major step in integrating blockchain with traditional financial systems, highlighting regulatory compliance and potential advancements in secure, efficient digital securities settlement processes.
Société Générale’s SG-Forge subsidiary completed a successful trial for tokenized bond settlement in 2025. The trial used the EURCV stablecoin and SWIFT’s infrastructure, handling issuance, delivery-versus-payment (DvP), interest, and redemption on blockchain.
Prominent participants included SG-Forge, SWIFT, BNP Paribas, and Intesa Sanpaolo. The trial marked a milestone for SG-Forge, noted for prior digital bond issuances on Canton Network, and establishing a precedent in blockchain-based financial instruments.
The successful trial could influence the wider financial industry, demonstrating efficacy in merging digital assets with traditional processes. Potential impacts include more efficient settlement procedures and broadened application of blockchain-anchored financial capabilities.
Financially, the trial used SG-Forge’s MiCA-compliant EURCV stablecoin, highlighting its integration with conventional infrastructure. This event underscores regulatory adherence within European jurisdictions and opens avenues for further asset tokenization efforts.
No immediate repercussions on major cryptocurrencies like ETH, BTC, or other altcoins were reported. The movement focuses primarily on fiat-hybrid stablecoin for bond settlements, specifically involving the EURCV stablecoin.
Potential outcomes include broader adoption of tokenized bonds within regulated environments. Historical precedent from SG-Forge’s prior bond issuances may support expanded blockchain integration, providing efficiency and security to modern capital markets.
“The successful completion of this transaction highlights our industry-leading position in securities tokenization. It demonstrates Société Générale’s capabilities to securely bring new instruments on-chain, in a sophisticated legal and regulatory environment.” – Jean-Marc Stenger, CEO of SG-Forge, Société Générale
