SocGen: Major French Bank Turns to Ethereum for Security Token Bonds4

One of France’s top banking powerhouses has turned to the Ethereum network to release bonds in the form of security tokens.

Societe Generale, or SocGen as it’s commonly referred to in France, is presently the 19th largest in the world, the sixth largest in Europe, and the third largest in its home country. On April 23rd, the firm announced it had issued €100 million EUR in bonds — formally called “obligations de financement de l’habitat” — as security tokens, or OFH tokens, via Ethereum.

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