Societe Generale accepts $10 million in tokenized U.S. Treasuries as collateral on the Canton Network

Societe Generale’s Prime Services & Clearing unit has accepted $10 million in tokenized U.S. Treasuries as eligible collateral on the Canton Network, with the assets issued during the soft launch of DTCC’s tokenization service. The transaction shows tokenized Treasuries can move on-chain and be reflected in SocGen’s existing back-office and collateral systems while meeting its governance, risk and control framework. SocGen completed its first tokenized U.S. bond issuance on Canton in November 2025 and became a Super Validator in May 2026, while its SG-FORGE subsidiary has deployed MiCAR-compliant euro and dollar stablecoins on the network. The bank plans to gradually support routine collateral flows, assess more eligible tokenized securities and explore on-chain agency and proprietary repo financing, subject to internal approvals and regulatory requirements.