France: Bank Issues Ethereum Blockchain-based Security Tokens

A multinational investment bank and financial services company, Societe Generale SFH have shared that they have successfully issued security tokens worth of €100 million, based on the Ethereum blockchain. In the official announcement, SFH commented, “[…] issued EUR 100 million of covered bonds in the form of “security tokens” (home financing bonds or “OFH”) directly registered on the Ethereum blockchain.”

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