CoinVoice has recently learned that Société Générale has signed a blockchain-based repurchase agreement with the French Bank, marking the bank's first tokenized transaction with the Eurozone central bank.
The bank stated in a press release that its subsidiary focused on digital assets, SG-Forge, will use some bonds issued on the public Ethereum blockchain in 2020 as collateral in exchange for central bank digital currency (CBDC) issued by the French Bank on its DL3S blockchain.
Société Générale stated: “This transaction demonstrates the technical feasibility of conducting interbank refinancing operations directly on the blockchain. It highlights the potential of central bank digital currencies to enhance the liquidity of digital financial securities.” [Original link]