Societe Generale has carried out its first US digital bond issuance, using newly launched tokenisation technology from Broadridge. Its digital-asset arm, Societe Generale-FORGE, served as registrar. The details were published in a press release from Broadridge.
The bonds were issued as security tokens on the permissioned Canton Network blockchain. According to the release, the setup is meant to show how tokenised instruments can fit into existing capital-markets processes while offering features such as near-instant settlement and greater data visibility.
Broadridge said its tokenisation capability allows firms to issue, trade, and manage securities in digital form, with privacy controls and credential management built in. Broadridge and Societe Generale-FORGE used IntellectEU’s Catalyst Blockchain Manager to run their nodes on Canton.
Linking with DLR
The move adds another use case to Broadridge’s broader distributed-ledger work, including its Distributed Ledger Repo (DLR) platform. The company says DLR handled an average of USD 385 billion in daily repo volume in October, positioning it as one of the largest institutional applications of tokenised assets in live production. The platform uses smart-contract-based settlement and is designed to operate alongside both traditional and blockchain-based infrastructure.
