Societe Generale and the Bank of France have launched a blockchain-based repurchase transaction
SG-Forge, a subsidiary of Socie ́ te ́ Ge ́ ne ́ rale, entered into a repurchase transaction with the French bank. SG-Forge deposited some of the bonds issued in 2020 on the Ethereum blockchain as collateral in exchange for a central bank-issued CBDC on its DL3S blockchain.