Broadridge has announced that Societe Generale has completed its first digital bond issuance in the US using Broadridge’s tokenisation capability.
The bonds were issued by Societe Generale-FORGE, the bank’s subsidiary focused on digital assets.
The transaction demonstrates how institutions can use tokenisation and permissioned blockchain technology to enable instant settlement and greater transparency while remaining compliant with traditional capital markets practices.
Broadridge’s tokenisation capability allows firms to issue, trade, and manage securities in digital form, with features such as privacy controls, credential management, and direct investor ownership.
For this transaction, Broadridge and Societe Generale-FORGE used IntellectEU’s Catalyst Blockchain Manager to operate their nodes on the Canton Network.
“Broadridge is uniquely positioned to lead the tokenisation of corporate and structured bonds, given its proven track record of leveraging blockchain technology and delivering innovative solutions for our clients,”
said Horacio Barakat, Head of Digital Innovation at Broadridge.
“The expansion of tokenisation beyond treasuries into corporate and structured bonds is an exciting step, one that will help increase the liquidity and utility of these assets across financing and collateral use cases.”
This capability complements the Broadridge Distributed Ledger Repo (DLR) platform, which processed an average of US$385 billion in daily repo transactions in October.
DLR is designed to settle tokenised real assets and is interoperable with both traditional and blockchain-based market infrastructure, supporting collateral management and liquidity efficiency.
Featured image credit: Societe Generale
