Société Générale Accepts $10 Million Tokenized U.S. Treasury Bonds as Collateral

Société Générale has announced that its prime brokerage and clearing division has completed a transaction on the Canton network, accepting $10 million worth of tokenized U.S. Treasury bonds as eligible collateral. The related assets were generated through a pilot program of the U.S. Depository Trust & Clearing Corporation (DTCC) tokenization service, enabling on-chain transfer and integration into the bank's existing back-office and collateral management systems. Société Générale plans to gradually support routine collateral transfers, assess more eligible tokenized securities, and explore on-chain financing solutions, including agency repurchase and proprietary repurchase, with progress subject to internal approvals and regulatory requirements.

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