Consensys and Societe Generale - FORGE's Collaboration on First Digital Bond Issuance on Ethereum

Societe Generale - FORGE, the digital capital markets platform of the Societe Generale Group, was part of the European Investment Bank's first digital bond on a public blockchain. On 27 April 2021, the EIB launched a multi-dealer unsubordinated, unsecured 2-year bond issuance (EUR 100,000,000) on the Ethereum mainnet, for the registration and settlement of the securities, in collaboration with Goldman Sachs, Santander and Societe Generale. The payment of the issue monies from the underwriters to the EIB were represented on the Ethereum mainnet in the form of Central Bank Digital Currency (CBDC). This transaction was part of a partnership announced in October 2020, under which terms Societe Generale - FORGE selected Consensys to provide technology and services for its ongoing CBDC pilot activities through its Codefi Payments product.

Societe Generale - FORGE is a fully integrated subsidiary of Societe Generale Group, one of the leading European financial services groups. It provides issuers and investors, either Corporates or Financial Institutions, with end-to-end services to issue and manage digital-native financial products registered on the blockchain (Security Token). For market infrastructure operators, Societe Generale – FORGE builds open, simple, secure and institutional-grade frameworks and models for Security Token operations, underpinned by banking class security and full regulatory compliance. The Group is built on three complementary core businesses: French Retail Banking, International Retail Banking, Insurance and Financial Services to Corporates, and Global Banking and Investor Solutions.