Societe Generale – Forge, a regulated subsidiary of Societe Generale licensed as an investment firm under MiFID 2 regulation, and dedicated to digital assets and blockchain-based projects, has submitted an MIP6 application to the MakerDAO Community to refinance a Covered Bond Token that was issued last year on the Ethereum blockchain.
This type of initiative from one of the biggest financial services groups in Europe is to be applauded particularly given the heat being applied to DeFi by global regulators. This will be an interesting story to follow.
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Through this first pilot use case SG-Forge aims to [..] integrate with one of the largest DeFi protocols.
forum.makerdao.com/...
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Gibraltar Opens the Door to Tokenised Fund Shares: What It Means and Who Can Use It
DLT now sits inside Gibraltar's statutory framework for investment funds, a step most jurisdictions have discussed without legislating...
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