Société Générale Accepts $10 Million in DTCC-Tokenized Treasuries as Collateral

Société Générale accepted $10 million in DTCC-tokenized U.S. Treasuries as collateral in a controlled transaction on the Canton Network, using the bank’s existing collateral systems rather than new infrastructure. The trade marks an early live use of tokenized government debt as collateral by a major bank, linking DTCC’s tokenized Treasury product to Société Générale’s collateral workflows. Recurring collateral movements and repo financing are planned as next steps, which would test whether tokenized Treasuries can support repeated, production-scale funding activity. Watch for the first recurring transfers and any repo transactions, plus broader adoption of DTCC-tokenized Treasuries as collateral across dealers and clearing members.