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Societe Generale began issuing a security token on the Tezos blockchain, thus becoming the first asset of its kind offered by the bank.
In addition to these types of assets, the bank's foray into cryptocurrencies will also include exchange and custody services for institutional clients.
The bank expects to begin operations of the full-spectrum cryptocurrency market by 2022.
This is just the beginning of what the most important banks in Europe and the US will do in the very near future, since they do not want to lose the fight for control of their citizens' capital. Although Bitcoin and other crypto assets have arrived to offer the financial freedom that, we have been waiting for.
