Societe Generale Accepts USD 10 Million in Tokenized US Treasuries as Collateral on the Canton Network

TechFlow reported on November 4 that, according to a press release forwarded by The Asian Banker, Societe Generale's Prime Services & Clearing division announced on November 2 that it has accepted USD 10 million in tokenized US Treasuries as eligible collateral on the Canton Network. The assets were issued during the soft-launch phase of the tokenization service by the U.S. Depository Trust & Clearing Corporation (DTCC). The transaction demonstrates that tokenized US Treasuries can be transferred on-chain and reflected in Societe Generale's existing back-office and collateral systems while complying with its governance, risk and control framework.

Societe Generale completed its first tokenized US bond issuance on Canton in November 2025 and announced in May 2026 that it had become a Super Validator on the network. Its digital asset subsidiary SG-FORGE had previously deployed MiCAR-compliant euro and USD stablecoins on Canton. Societe Generale plans to progressively support routine collateral flows, assess more eligible tokenized securities, and explore on-chain agency and proprietary repo financing solutions. The above plans remain subject to internal approvals and regulatory requirements.

Source: TechFlow