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Metaco wins crypto custody gig with SocGen

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finextra.com

Societe Generale is now offering a range of capital market products to institutional clients under a native security token format on Ethereum and Tezos.The agreement with Metaco will see the bank adopt the firm's digital asset custody and orchestration platform, Harmonize, to further expand its offering at scale.The deployment is taking place within a larger context marked by the the forthcoming implementation of the EU Pilot Regime, which will permit the processing of security tokens through market infrastructures in compatibility with applicable EU regulations.

Jean-Marc Stenger, CEO of Societe Generale - Forge, comments: “Bridging the digital asset industry and traditional finance requires a multifaceted approach incorporating institutional-grade technology, regulation, as well as industrial capacities.

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