SOCIETE GENERALE-FORGE AND BITPANDA EXPAND THEIR PARTNERSHIP IN DECENTRALIZED FINANCE
Press release
Paris and Vienna, October 14th, 2025
Societe Generale-FORGE (SG–FORGE) and Bitpanda strengthen their partnership to support the deployment by Bitpanda of SG-FORGE’s stablecoins in Decentralized Finance (DeFi). Bitpanda is the first broker to enable its retail clients in Europe to earn yield on the CoinVertible through its DeFi wallets.
Bitpanda deploys SG-FORGE’s CoinVertible in its DeFi wallet:
- Bitpanda* will make EUR CoinVertible and USD CoinVertible available for direct retail access in Europe for the first time, via both Bitpanda and the Bitpanda DeFi Wallet,
- Bitpanda’s European users will be able to use these stablecoins within supported onchain lending and borrowing environments,
- The expanded partnership also lays the foundation for future collaboration, including potential integration with Bitpanda’s Vision token.
“As the digital asset subsidiary of Societe Generale, SG-FORGE is excited to collaborate with Bitpanda, a key player in the evolving digital landscape. After establishing euro and dollar stablecoins as cornerstone assets within the Bitpanda ecosystem, we are now taking a decisive step forward by expanding, through our partnership, into the world of DeFi” Jean-Marc Stenger, CEO of Societe Generale–FORGE.
“This is a milestone moment for Web3 in Europe. SG-FORGE is one of the most forward-thinking institutions in banking, and their commitment to real-world adoption of blockchain technology is unmatched. By integrating their stablecoins into the Bitpanda DeFi Wallet we are laying the groundwork to create real ways people can benefit from Web3 and creating a new era of interoperable, regulated finance” Lukas Enzersdorfer-Konrad, Co-CEO of Bitpanda.
SG-FORGE already announced the launch of its USD CoinVertible and EUR CoinVertible stablecoins on the decentralized finance protocols, Morpho and Uniswap, through its partners opening lending, borrowing and spot markets on Ethereum public blockchain.
A long-term partnership
Since September 2024, SG-FORGE and Bitpanda have worked together to broaden access to regulated stablecoins, beginning with the MiCA-compliant EUR CoinVertible (EURCV), followed by the launch of the USD CoinVertible (USDCV). Their shared ambition is to make stablecoins more accessible to the public and to strengthen trust in the digital economy.
As part of that ambition, Bitpanda is focused on delivering Web3 innovation to meet users where they are today, instead of pushing them to adapt to complex new technologies. At the heart of that ambition is the Vision token and upcoming Vision Chain. While EURCV already serves as the preferred stablecoin for Bitpanda’s margin trading service, today’s announcement paves the way for future collaboration to trustworthy financial innovation.
(*) Bitpanda refers to Bitpanda GmBH and does not include Bitpanda Broker UK. The use cases outlined in the release are not available to UK users.
Media contacts:
Societe Generale
Amandine Grison, +33 1 41 45 92 40, amandine.grison@socgen.com
Sarah Cohen Lippe, +33 1 58 98 51 91, sarah.cohen-lippe@socgen.com
SG FORGE – Ballou Agency
Caroline de Frias, Astrid Amegnran, Thomas Duporge, +33 1 42 22 24 10,
Bitpanda
Bitpanda
Bitpanda was founded in Vienna in 2014 and is the leading European crypto platform. With a selection of over 3,200 digital assets, including more than 650 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 7 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 Barcelona, Berlin, Bucharest, Dubai, London, Malta, Milan, and Zurich.
For more information: www.bitpanda.com
About Vision
Vision powers a compliant, user-focused Web3 ecosystem within and beyond the Bitpanda Web3 universe. It enables staking, governance, access, and rewards across DeFi tools that connect users, builders, and institutions through transparent revenue sharing and aligned incentives.
The aim of the Vision ecosystem is to bring Europe’s regulated real-world assets onchain. Designed for compliance from day one, it provides the infrastructure for banks, asset managers, and fintechs to issue, trade, and settle tokenised assets within a trusted European framework. By bridging traditional finance and DeFi, Vision makes onchain tokenisation, settlement, and custody viable at institutional scale.
Issued by the VISION Web3 Foundation in Zug, Switzerland, Vision (VSN) is governed through onchain voting, strategic emissions, and community grants. The Foundation manages supply, liquidity, and governance—reinvesting ecosystem value to drive innovation, reward participation, and ensure Vision’s future remains decentralised and community-aligned.
Disclaimer: 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.
