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Bloomberg: Societe Generale SA Brings Cryptocurrencies To $2 Trillion Market

Liang CHE

Summary: According to Bloomberg, a subsidiary of Societe Generale SA sold 100 million euros ($112 million) of guaranteed bonds in the form of digital tokens. The bank said the pilot was called an internal venture and was designed to test how the technology behind virtual currency can be used to cut costs and speed up securities ...

According to Bloomberg, a subsidiary of Societe Generale SA sold 100 million euros ($112 million) of guaranteed bonds in the form of digital tokens. The bank said the pilot was called an internal venture and was designed to test how the technology behind virtual currency can be used to cut costs and speed up securities settlement.

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Link: Bloomberg: Societe Generale SA Brings Cryptocurrencies To $2 Trillion Market   [Copy]
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