Societe Generale–FORGE (SG-FORGE) has granted a loan to its mother company Societe Generale to refinance covered bonds held by the bank in the form of Security Tokens issued natively on the Ethereum public blockchain (the OFH Tokens). SG-FORGE funded this loan in the crypto market by borrowing DAI stablecoins from MakerDAO, a market-leading decentralized finance (‘DeFi’) protocol. […]
The Monetary Authority of Singapore (MAS) announces that the first industry pilot under MAS’ Project Guardian that explores potential decentralised finance (DeFi) applications in wholesale funding markets has completed its first live trades. More industry pilots have been launched to test the application of asset tokenisation and DeFi across a broader range of use cases […]
Sygnum, the world’s first digital asset bank, has been chosen by Maker protocol as lead partner in USD half-billion treasury diversification into traditional assets to boost returns and further strengthen the balance sheet. In first phase, Sygnum is working with BlackRock Switzerland to allocate and invest USD 250m into portfolio of BlackRock iShares ETFs Showcases […]
