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Societe Generale Issues First Digital Green Token on Ethereum Mainnet Network
Leading multinational financial services provider based in Paris Societe Generale SA (EPA: GLE) has announced the launch of its first digital green bond that is issued on blockchain technology. According to the announcement, the security token has been directly registered by SG-FORGE on the Ethereum (ETH) network. To kickstart the private funding through the blockchain security bonds, Societe Generale announced that two of its top tier investors, AXA Investment Managers and Generali Investments. The company indicated the importance of tapping on blockchain technology to ensure utmost transparency in private funding through blockchain-based bonds.
“This transaction is the first digital green bond issued by Societe Generale to leverage blockchain’s differentiating functionalities. This digital format enables increased transparency and traceability as well as improved fluidity and speed in transa
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