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VideoYouTubeStellar Development FoundationOctober 31, 20241y ago11:34

Living a Legacy of Innovation: A Fireside Chat with Société Générale | Meridian 2024

Guillaume Feliciano, Chief Revenue Officer at Société Générale Forge, discusses the bank's tokenization strategy, MiCA-compliant stablecoin launch, and expansion to multiple public blockchains including Stellar. He emphasizes DeFi as the convergence point between traditional finance and crypto.

Real World AssetsStablecoinsDeFi
Lumen Loop's take

Guillaume Feliciano, CRO at Société Générale Forge, shares his journey from traditional finance through crypto startups to Coinbase and now institutional blockchain work. Société Générale Forge, a 160-year-old bank's digital asset subsidiary, has tokenized securities and bonds on public blockchains since 2021, including the first EIB bond. The company launched a MiCA-compliant stablecoin enabling automated settlement, lifecycle management, and cross-border payments. Feliciano explains the bank chose public blockchains for cost efficiency and composability over building proprietary infrastructure. The company is evaluating expansion to multiple chains including Stellar, prioritizing technical requirements, ecosystem support, and DeFi activity. He argues DeFi represents the critical convergence point where institutions will use tokenized assets as collateral in automated lending, bridging traditional finance and crypto.