The transaction demonstrated the feasibility of key market operation use cases such as issuance, coupon payments and redemption, according to SG-Forge.
Societe Generale-Forge (SG-Forge), the digital asset arm of Société Générale, and Society for Worldwide Interbank Financial Telecommunication (Swift) have completed the exchange and settlement of tokenised bonds in both fiat and digital currencies. As such, SG-Forge’s EUR CoinVertible has become the first Markets in Crypto-Assets (Mica)-compliant stablecoin natively compatible with Swift’s interoperability capabilities bridging blockchain platforms an