French Investment bank’s Ethereum based experiment brings crypto to a $2 trillion market60

French lending giant Societe Generale has become the latest traditional financial company to experiment with digital tokens. The bank’s Ethereum-based tokenized bonds have the potential to bring cryptocurrencies to a market worth over $2 trillion.

Cryptocurrencies have already become an inseparable part of many different industries, but the one that proved the hardest to penetrate has arguably been traditional finance. Skepticism towards the digitalization and decentralization of assets alongside the refusal of regulatory authorities to explore the sector have heavily contributed to crypto’s difficulty in gaining finance sector traction.

Original source

Add comment

Please Sign in to be able to leave comments.