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September 25, 2024

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AFTER ETHEREUM AND SOLANA, SOCIETE GENERALE-FORGE ANNOUNCES ITS INTENTION TO DEPLOY ITS EUR MICA-COMPLIANT STABLECOIN ON THE XRP LEDGER

SOCIETE GENERALE-FORGE AND BITPANDA ANNOUNCE THEIR PARTNERSHIP IN DIGITAL ASSETS

   

 

Press release

Paris, September 25, 2024 – Societe Generale-FORGE (SG-FORGE) announces its collaboration with Bitpanda, a global leader in the digital assets space, to increase the accessibility and adoption of its MiCA1-compliant stablecoin EUR CoinVertible to be listed in Bitpanda broker. SG-FORGE will work with Bitpanda as a long-term partner towards a shared goal of increasing the adoption of digital assets.

 

Promote access to stablecoins to the general public

Regulated stablecoins like EURCV offer a bridge between traditional finance and the digital economy, providing a stable and reliable store of value. Thanks to the intuitive and easy-to-use interface offered by the Bitpanda platform, European investors2 will have easier access to the SG-FORGE stablecoin, allowing them to participate in the digital economy with complete confidence.

 

A secure and seamless experience

Bitpanda provides a secure and regulated transaction environment aligning with SG-FORGE’s mission to provide reliable financial solutions. Listing the EURCV stablecoin on the Bitpanda platform will provide users with a seamless experience, with the ability to buy, sell and hold the stablecoin alongside other assets.

 

Expanding use cases across Europe

This collaboration also paves the way for expanding EURCV use cases across Europe. From cross-border payments to fund transfers and everyday transactions, users will benefit from the stability of SG-FORGE’s stablecoin, while enjoying the convenience and security offered by the Bitpanda ecosystem. collaboration also opens doors to expanding the use cases for EURCV across Europe.

 

“This partnership is a key step in our mission to achieve broader adoption of stablecoins within the financial system. Together with Bitpanda, we are confident in our ability to offer European users a stable, secure and accessible digital asset for trading, settlement and store of value” said Jean-Marc Stenger, CEO of Societe Generale-FORGE. 

 

“EUR based stablecoins are essential to the future of digital assets in Europe. The landscape is changing, integration with traditional finance is increasing, and fully regulated stablecoins are the bridge that will make it possible. We will work with Societe Generale-FORGE to bring that future one step closer” continued saying Lukas Enzersdorfer-Konrad, Deputy CEO of Bitpanda.

 

1 “MiCA” or Regulation on crypto-asset markets.

2   The EUR CoinVertible (EURCV) isn’t available in United States.

 

Press contacts:

SG-FORGE – PR Agency Ballou
Caroline de Frias, Astrid Amegnran, Thomas Duporge, +33 1 42 22 24 10,

sg-forge@balloupr.com

Societe Generale

Sarah Cohen Lippe, +33 1 58 98 51 91, sarah.cohen-lippe@socgen.com

Bitpanda

pr@bitpanda.com

 

About Societe Generale-FORGE

Societe Generale-FORGE, an integrated and regulated subsidiary of the Societe Generale Group, is authorised as an investment firm and authorised to provide MiFID II investment services under the supervision of the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the supervision of the Autorité des marchés financiers (AMF), authorised as an electronic money institution by the ACPR, and registered and authorised as a digital asset service provider (DASP) by the AMF.

Societe Generale-FORGE has built an open, secure and institutional-grade platform for digital asset trading, backed by bank-grade security and regulatory compliance. The digital solutions and assets developed by SG-FORGE are in line with the CAST open-source interoperability and security marketplace model.

For more information: www.sgforge.com and www.cast-framework.com.

 

About Bitpanda

Bitpanda was founded in Vienna in 2014 and is one of Europe’s leading crypto brokers. With a selection of over 2,800 digital assets, including more than 450 crypto assets and numerous stocks*, ETFs*, precious metals and commodities, the Austrian fintech unicorn offers one of the most comprehensive ranges of digital assets available in Europe. Already trusted by over 5 million users, and dozens of institutional partners, Bitpanda holds licences in several countries, and has a proven track record of working with local regulators to keep assets safe and secure. This makes Bitpanda one of the safest and most strictly regulated trading platforms in the industry. In addition to its headquarters in Vienna, Bitpanda has offices in Amsterdam, Barcelona, Berlin and Bucharest.

For more information: www.bitpanda.com | Twitter | Facebook | Instagram

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