SOCIETE GENERALE TO SCALE TOKENIZED FINANCE AND BRING COINVERTIBLE STABLECOIN SOLUTIONS TO CANTON

Press release

New-York/Paris, 13 May 2026

Societe Generale today announced it is accelerating the development of institutional blockchain-based financial infrastructure on the Canton Network (“Canton”), with a focus on tokenized collateral, on-chain financing and institutional-grade digital settlement solutions, powered by its digital-assets subsidiary Societe Generale-FORGE (“SG-FORGE”) ¹.

This initiative builds on Societe Generale’s pioneering work on Canton, including its first U.S. tokenized bond issuance completed in November 2025, and reflects the bank’s continued commitment to scaling regulated on‑chain capital markets.

Societe Generale aims to be among the first banks to develop collateral and financing solutions in tokenized form on Canton, addressing growing institutional demand for more efficient, secure and compliant market infrastructure. The initiative combines Societe Generale’s leadership in Prime Services, Equity Finance and market infrastructure with Canton’s privacy-enabled blockchain framework designed for regulated financial markets.

In addition, SG-FORGE will deploy its institutional-grade CoinVertible stablecoins on Canton, providing a regulated digital settlement solution designed to support collateral mobility, financing activity and cash management across tokenized markets in permitted jurisdictions².

Societe Generale joins the Canton Network as an Ecosystem Super Validator, underscoring its strong commitment to contributing to the development of institutional-grade use cases across collateral mobility, margin management, repo financing and tokenized settlement.

Societe Generale plans to execute several initiatives on Canton:

• Accept certain tokenized assets as eligible collateral to enhance collateral mobility, liquidity and operational efficiency for institutional clients.
• Act as counterparty in repo transactions supporting the development of institutional on-chain financing markets. These initiatives are expected to bring meaningful additional activity to the network and support a new phase of institutional growth on Canton.
• Deploy SG-FORGE’s regulated stablecoins, USD and EUR CoinVertible, supporting growing institutional business opportunities on the network, and powering Societe Generale’s tokenized assets initiatives. This would further position SG-FORGE as a key enabler of regulated digital settlement for institutional tokenized finance.

“This initiative directly responds to growing institutional demand within the Prime Services environment, which is at the core of our franchise,” said Salim Nemouchi, Head of Equity Derivatives Americas and Global Head of Prime Services at Societe Generale. “We are convinced that a public blockchain with configurable privacy, such as Canton Network, provides the right framework to bring greater efficiency to margin calls, collateral management and risk management. Innovating for our clients is part of Societe Generale’s DNA.”

“Bringing our regulated stablecoins to the Canton Network represents a major milestone in advancing institutional tokenized finance,” said Jean-Marc Stenger, CEO of Societe Generale-FORGE. “By enabling secure, compliant, and efficient digital settlement, SG-FORGE is helping bridge traditional financial markets with on-chain infrastructure and unlocking new possibilities for collateral mobility, financing and cash management. We are committed to supporting our clients as these markets scale.”

“Welcoming Societe Generale as a strategic partner and Super Validator underscores the continued momentum of Canton as the network of choice for institutional finance,” said Viv Diwakar, Head of the Canton Foundation. “Societe Generale’s leadership in tokenized assets, collateral innovation and on-chain repo markets highlights the growing convergence between traditional finance and blockchain-based infrastructure.”

Press contacts:

Societe Generale

Jim Galvin +1 212 278 7131  jim.galvin@sgcib.com

Amandine Grison +33 1 41 45 92 40 amandine.grison@socgen.com

¹ Societe Generale-FORGE (SG-FORGE) is not licensed, registered, or otherwise authorized in any capacity to conduct business or engage in commercial activities within the United States. See presentation below.

² The EURCV and USDCV (“Stablecoins”) have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered, sold, pledged or otherwise transferred at any time except in an “offshore transaction” (as defined in Regulation S under the Securities Act (“Regulation S”)) to or for the account or benefit of a Permitted Transferee. A “Permitted Transferee” means any person who is not: (a) a U.S. person as defined in Rule 902(k)(1) of Regulation S; (b) a person who comes within any definition of U.S. person for the purposes of the U.S. Commodity Exchange Act of 1936, as amended (the “CEA”), or any rule of the U.S. Commodity Futures Trading Commission (the “CFTC Rules”), guidance or order proposed or issued under the CEA (for the avoidance of doubt, any person who is not a “Non-United States person” defined under CFTC Rule 4.7(a)(1)(iv), but excluding, for purposes of subsection (D) thereof, the exception for qualified eligible persons who are not “Non-United States persons,” shall be considered a U.S. person) and (c) “U.S. Person” for purposes of the final rules implementing the credit risk retention requirements of Section 15G of the U.S. Securities Exchange Act of 1934, as amended (the “U.S. Risk Retention Rules”). The Stablecoins are available only to and may only be legally or beneficially owned at any time by Permitted Transferees. By its purchase of a Stablecoin, each purchaser represents that it is, or is acting for the account or benefit of, a Permitted Transferee. THE ISSUER HAS THE RIGHT TO REFUSE TO REDEEM THE EURCV AND USDCV TO A PERSON THAT IS NOT A PERMITTED TRANSFEREE.