Societe Generale to scale blockchain-based infrastructure
14 May 2026 US, France
Image: travelview/stock.adobe.com
Societe Generale has announced it will accelerate the development of institutional blockchain-based financial infrastructure on the Canton Network, facilitated by its digital assets subsidiary Societe Generale-FORGE (SG-FORGE).
Societe Generale will join Canton as an Ecosystem Super Validator, which will see it support the Global Synchroniser, and is representative of its commitment to contributing to the development of institutional-grade use cases, according to the firm.
The initiative will be predominantly focused on tokenised collateral, onchain financing, and institutional-grade digital settlement solutions, building on the company’s prior work on Canton, including its tokenised US bond issuance.
It plans to accept certain tokenised assets as eligible collateral, to enhance collateral mobility, and act as a counterparty in repo transactions, supporting the development of institutional onchain financing markets.
SG-FORGE will also deploy CoinVertible, its institutional-grade stablecoins, on Canton, as it aims to be “among the first banks to develop collateral and financing solutions in tokenised form on Canton”.
Societe Generale says the initiative is indicative of its commitment to address the growing institutional demand for “more efficient, secure, and compliant market infrastructure”.
Commenting on the scheme, Salim Nemouchi, head of equity derivatives Americas and global head of prime services at Societe Generale, says: “This initiative directly responds to growing institutional demand within the Prime Services environment, which is at the core of our franchise.
“We are convinced that a public blockchain with configurable privacy, such as Canton Network, provides the right framework to bring greater efficiency to margin calls, collateral management and risk management.”
Jean-Marc Stenger, CEO of SG-FORGE, adds: “By enabling secure, compliant, and efficient digital settlement, SG-FORGE is helping bridge traditional financial markets with onchain infrastructure and unlocking new possibilities for collateral mobility, financing and cash management.”
Societe Generale will join Canton as an Ecosystem Super Validator, which will see it support the Global Synchroniser, and is representative of its commitment to contributing to the development of institutional-grade use cases, according to the firm.
The initiative will be predominantly focused on tokenised collateral, onchain financing, and institutional-grade digital settlement solutions, building on the company’s prior work on Canton, including its tokenised US bond issuance.
It plans to accept certain tokenised assets as eligible collateral, to enhance collateral mobility, and act as a counterparty in repo transactions, supporting the development of institutional onchain financing markets.
SG-FORGE will also deploy CoinVertible, its institutional-grade stablecoins, on Canton, as it aims to be “among the first banks to develop collateral and financing solutions in tokenised form on Canton”.
Societe Generale says the initiative is indicative of its commitment to address the growing institutional demand for “more efficient, secure, and compliant market infrastructure”.
Commenting on the scheme, Salim Nemouchi, head of equity derivatives Americas and global head of prime services at Societe Generale, says: “This initiative directly responds to growing institutional demand within the Prime Services environment, which is at the core of our franchise.
“We are convinced that a public blockchain with configurable privacy, such as Canton Network, provides the right framework to bring greater efficiency to margin calls, collateral management and risk management.”
Jean-Marc Stenger, CEO of SG-FORGE, adds: “By enabling secure, compliant, and efficient digital settlement, SG-FORGE is helping bridge traditional financial markets with onchain infrastructure and unlocking new possibilities for collateral mobility, financing and cash management.”
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