Cryptocurrency: launch of the first issue of a green bond on the blockchain : Orishas-finance

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Cryptocurrency: launch of the first issue of a green bond on the blockchain

08/12/2023

Source : ORISHAS FINANCE

Categories: Economy/Forex

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Cryptocurrency: launch of the first issue of a green bond on the blockchain

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AXA IM and Generali Investments have subscribed to a private issue of 10 million euros, carried out on the Ethereum blockchain. This transaction is based on the use of the EURCV stablecoin, developed by and for Société

Générale.

AXA IM et Generali Investment ont souscrit à la première émission d' une obligation verte, pour 10 millions d' euros, sur la blockchain Ethereum, réalisée par Forge, filiale “crypto” de la Société Générale . Forge is the only player in France to have a PSAN (digital asset service provider) approval from the Autorité des Marchés Financiers (AMF). According to Laurence Arnold, Head of Innovation and Strategic Initiatives at AXA IM, “the life cycle of traditional bonds is punctuated by numerous manual operations

.”

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