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
Read more on cryptonews.com