Quick Take
- French banking giant Societe Generale (SocGen) recently tested tokenized bonds and settled them in digital euros issued by the central bank of France
- SocGen Forge CEO Jean-Marc Stenger told The Block that the bank is working on more such projects, as well as building asset tokenization solutions to help improve liquidity for investors
- A spokesperson for the French central bank said that it has built its “internal private blockchain” to test digital euros, but it will test other technologies as well
- Industry participants told The Block that more banks will tokenize assets in the near future
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