Another banking giant that tokenizes securities

The French bank, société générale, announced that they have issued digital green bonds that were recently issued in the form of tokens using the Ethereum blockchain, for a value in excess of 10 million euros.

These tokenized green bonds will be used to finance products and companies classified as ecological or renewable.

Let us remember that some companies buy these types of bonds to reduce their carbon emissions, and that they are obliged by law to do so.

It is also important to note the use that is being given to blockchain beyond just creating applications for decentralized finance.