AXA, Generali Jump on the RWA Wagon Following Purchase of SocGen’s Green Bonds
AXA Investment Managers and Generali Investments have recently joined the growing bandwagon of companies purchasing tokenized green bonds as the digitalization of real-world assets (RWAs) gains momentum.
According to a press release by French banking giant Societe Generale, it issued its first digital green bond as a security token on the Ethereum blockchain.
The tokenized security token registered as SG-FORGE came with a 10 million Euro ($10.8 million) price peg during its official launch on November 30, 2023.
Now, Societe Generale has revealed that AXA Investment Managers and Generali Investments have fully subscribed through a private placement.
Generali Investments also participated in the operation with Axa IM
In an interview with @gregory_raymond & @Louis_Tellier, the CEO of Société Générale-Forge, Jean Marc Stenger, had mentioned this type of operations
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