Société Générale has issued the first structured product as a security token directly registered on the Tezos public blockchain.

The new four-year €5m (US$5.9m) autocall euro medium-term notes (EMTN) is linked to an undisclosed custom index and follows in the footsteps of the first SG covered bond security token worth €100m on the Ethereum blockchain, settled in euros in April 2019, and a second covered bond security token worth €40m issued by Banque de France in May 2020. This bond was settled in Central Bank Digital Currency (CBDC). The new securities have been fully subscribed by Soc

Continue reading with a subscription to the SRP market intelligence platform.

Request Demo

Already a subscriber? Login