French banking giant Societe Generale plans to expand its institutional tokenized finance infrastructure using the Canton Network blockchain. The initiative will focus on tokenized collateral, on-chain financing, and digital settlement solutions powered by stablecoins.
Societe Generale announced a deeper integration with the Canton Network to support the development of institutional blockchain financial infrastructure. The initiative aims to expand capabilities for tokenized collateral and financing operations while also introducing institutional-grade digital settlement solutions through its subsidiary SG-FORGE.
As part of the partnership, SG-FORGE will deploy the EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) stablecoins on the Canton Network. Both assets are compliant with MiCA regulatory requirements. The stablecoins will be used for digital settlements, collateral operations, liquidity management, and financing activities across tokenized markets in permitted jurisdictions.
Moreover, Societe Generale joined the Canton Network as an ecosystem super validator. The bank will contribute to the development of infrastructure for margin operations, repo transactions, collateral management, and tokenized settlements.
Salim Nemouchi, Head of Equity Derivatives Americas and Global Head of Prime Services at Societe Generale, stated that using tokenized assets as collateral for institutional clients could improve margin mobility, reduce operational costs, and increase market liquidity. According to him, institutional demand for more efficient collateral and risk management infrastructure continues to grow. He also noted that a public blockchain with customizable privacy mechanisms is well suited for optimizing margin operations and risk management.
Jean-Marc Stenger, CEO of SG-FORGE, said that integrating regulated stablecoins into the Canton Network would mark an important milestone for the development of institutional-grade tokenized finance. He emphasized that digital settlement tools should accelerate the integration of traditional financial markets with on-chain infrastructure.
The Canton Network was launched in 2023 as a public blockchain designed specifically for institutional finance. The network enables real-time synchronization of settlements and operations across multiple asset classes while supporting privacy and regulatory compliance mechanisms.
Societe Generale first partnered with the Canton Network in 2025 during pilot testing of on-chain financing backed by U.S. Treasuries. At the same time, adoption of the Canton Network among financial institutions continues to grow. The network is already used by Japan Exchange Group (JPX), Visa, Fireblocks, and several other major organizations.
