PANews reported on December 13 that according to CoinDesk, SG-Forge, a digital asset subsidiary of Societe Generale, announced the completion of a blockchain repo transaction with the Banque de France. This is the first time that a central bank in the eurozone has conducted such a tokenized transaction.

In this transaction, SG-Forge used its 2020 bonds as collateral through the Ethereum blockchain in exchange for the central bank digital currency (CBDC) issued by the Bank of France on its exclusive DL3S blockchain. It is worth noting that this transaction did not involve SG-Forge's euro stablecoin EUR CoinVertible (EURCV).