Societe Generale has announced an acceleration in the development of institutional blockchain-based financial infrastructure on the Canton Network (“Canton”), focusing on tokenised collateral, on-chain financing, and institutional-grade digital settlement solutions. This initiative is powered by its digital assets subsidiary, Societe Generale-FORGE (“SG-FORGE”).

Salim Nemouchi, Head of Equity Derivatives Americas and Global Head of Prime Services at Societe Generale, said, “This initiative directly responds to growing institutional demand within the Prime Services environment, which is at the core of our franchise.” 

“We are convinced that a public blockchain with configurable privacy, such as Canton Network, provides the right framework to bring greater efficiency to margin calls, collateral management and risk management. Innovating for our clients is part of Societe Generale’s DNA.”

Viv Diwakar, Head of the Canton Foundation, added, “Welcoming Societe Generale as a strategic partner and Super Validator underscores the continued momentum of Canton as the network of choice for institutional finance. Societe Generale’s leadership in tokenised assets, collateral innovation and on-chain repo markets highlights the growing convergence between traditional finance and blockchain-based infrastructure.”

Building on pioneering blockchain initiatives

This effort builds upon Societe Generale’s pioneering work on the Canton Network, including its landmark first U.S. tokenised bond issuance completed in November 2025. 

It shows the bank’s ongoing commitment to scaling regulated on-chain capital markets and advancing blockchain adoption within institutional finance.

Societe Generale aims to be among the first banks to develop collateral and financing solutions in tokenised form on Canton, responding to growing institutional demand for more efficient, secure, and compliant market infrastructure. 

This initiative combines Societe Generale’s expertise in Prime Services, Equity Finance, and market infrastructure with Canton’s privacy-focused blockchain framework tailored for regulated financial markets.

Jean-Marc Stenger, CEO of Societe Generale-FORGE, said, “Bringing our regulated stablecoins to the Canton Network represents a major milestone in advancing institutional tokenised finance.” 

“By enabling secure, compliant, and efficient digital settlement, SG‑FORGE is helping bridge traditional financial markets with on‑chain infrastructure and unlocking new possibilities for collateral mobility, financing and cash management. We are committed to supporting our clients as these markets scale.”

SG-FORGE would launch its CoinVertible stablecoins on Canton, providing a regulated digital settlement solution that enhances collateral mobility, financing activities, and cash management in tokenised markets within permitted jurisdictions.

This deployment is likely to increase the efficiency and compliance of digital settlements within institutional tokenised finance.

Planned initiatives on the Canton Network

Societe Generale’s role as an Ecosystem Super Validator in the Canton Network highlights its commitment to institutional-grade applications in collateral mobility, margin management, repo financing, and tokenised settlement.

This role positions the bank as a key contributor to the network’s growth and innovation.

Societe Generale plans to execute several initiatives on the Canton Network, including:

Accepting tokenised assets as eligible collateral: Enhancing collateral mobility, liquidity, and operational efficiency for institutional clients by enabling certain tokenised assets to be used as eligible collateral.

Acting as counterparty in repo transactions: Supporting the development of institutional on-chain financing markets by participating in repo transactions, expected to increase network activity and foster institutional growth.

Deploying regulated stablecoins. Utilising SG-FORGE’s USD and EUR CoinVertible stablecoins to support expanding institutional business opportunities on Canton and power Societe Generale’s tokenised asset initiatives. This further establishes SG-FORGE as a critical enabler of regulated digital settlement for institutional tokenised finance.

Societe Generale’s accelerated development on the Canton Network is an advancement in institutional blockchain finance, which combines regulated market expertise with innovative digital asset solutions to drive the future of capital markets.