Société Générale SFH, the covered bond vehicle of Societe Generale, issued the first covered bond (EUR 100m) as a security token on a public blockchain. Société Générale SFH, a subsidiary of Societe Generale Group, has issued EUR 100m of covered bonds (“obligations de financement de l’habitat” or “OFH”) as a security token, directly registered on […]
Provenance.io Blockchain, Inc. (PBI), the administrator for the Provenance.io blockchain, announced it has completed a $20 million security token offering to support the continued development and expansion of the Provenance.io ecosystem. The Reg D private placement included broad participation from both blockchain and traditional technology investors. Provenance.io was built by Figure Technologies, a fintech company founded by […]
Finally it happened: a German company has won the race to issue a fully regulated security token, at least in Europe. Despite others having claimed to have “tokenized” something in the past, this Bitbond issue is a radical shift in the STO narrative so far. By Andrea Bianconi Indeed Bitbond — a Berlin-based crowdfunding company — has released a prospectus approved […]