French banking giant SG-FORGE scales tokenized offerings on Canton – Details
The post French banking giant SG-FORGE scales tokenized offerings on Canton – Details appeared on BitcoinEthereumNews.com. French global bank and financial services firm Société Générale is doubling down on tokenization. On Thursday, the 14th of May, the firm announced it will set up shop in the Canton network to scale and meet the rising demand for regulated tokenized financial offerings. Commenting on the same, Salim Nemouchi, Global Head of Prime Services at Societe Generale (SG), added, We are convinced that a public blockchain with configurable privacy, such as Canton Network, provides the right framework to bring greater efficiency to margin calls, collateral management and risk management. Innovating for our clients is part of Societe Generale’s DNA. Last November, the bank rolled out its first U.S. tokenized digital bond issuance via Canton through its digital assets sub-division, SG-FORGE. After last year’s successful test, the bank now seems ready to scale its tokenized of