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Société Générale
Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral
One of the largest banks in France is working with one of the largest protocols in DeFi on a historic step toward institutional adoption.

Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral
In a proposal Thursday on MakerDAO's governance forums, French multinational banking giant Société Générale (SocGen) applied for the DeFi lending platform to accept on-chain bond tokens issued by the bank as collateral for a stablecoin DAI loan for up to $20 million. "The Hash" panel discusses the historic step towards institutional adoption of DeFi.

Ethereum Developer ConsenSys to Assist French Bank With CBDC Pilot
The Ethereum developer will help the digital assets arm of Societe Generale carry out research on a central bank digital currency.

Societe Generale to Use as Many as Five Blockchains in Capital Markets Trials
A tech-focused subsidiary of Societe Generale said it will trial up to five different blockchains to understand their usefulness in capital markets.

Why French Lender SocGen Issued a $110 Million Ethereum Bond to Itself
Societe Generale has no plans to resell its $110 million ethereum bond, but future blockchain trials will involve external investors, an exec said.

Banking Giant UBS Goes Live on We.Trade Blockchain for Trade Finance
Swiss financial giant UBS has started full-fledged transactions on we.trade, a blockchain-based trade finance platform.

A Glimpse of Banking’s Future, Live on the Ethereum Blockchain
Last week, Frenching bank Societe Generale revealed that it has issued a security token-like bond on ethereum. But rather than using a private iteration, SocGen used the public blockchain.

Societe Generale-Owned Bank Launches Blockchain Exchange Note
Kleinwort Hambros, a Societe Generale-owned bank and wealth manager, has launched a Luxembourg-listed blockchain exchange-traded note.

Over 75 New Banks: JPMorgan Expands Blockchain Payments Trial
A blockchain payments trial launched by JPMorgan, Australia's ANZ and the Royal Bank of Canada has just gained over 75 new banks as participants.

Shell, BP Among Energy Giants to Back Blockchain Trading Platform
Several major energy firms, including BP and Shell, are partnering on a new blockchain-based trading platform.
