Société Générale has carried out its first tokenized bond issuance in the USA.

Société Générale's New Innovation

Société Générale's crypto division SG-FORGE has completed its first digital bond issuance using blockchain technology in the United States. This issuance was purchased by the trading firm DRW.

The digital bond utilizes Broadridge Financial Solutions' tokenization technology and operates on the Canton Network. This network provides a privacy-focused blockchain infrastructure.

With this development, SG-FORGE is expanding its presence in the on-chain capital markets. The bank indicates that this step could lead to the issuance of more complex products, which may include structured notes.