## Societe Generale Pioneers Digital Bond Issuance in the U.S. Societe Generale's crypto arm, SG-Forge, has achieved a significant milestone by issuing the first U.S. digital bond leveraging blockchain technology. This move signifies the increasing adoption of distributed ledger technology (DLT) within traditional financial markets. This innovative bond was created using Broadridge Financial Solutions' tokenization platform and operates on the Canton Network, a permissioned blockchain designed for enhanced privacy and security. ## Short-Term SOFR-Linked Bond Purchased by DRW The short-term bond is linked to the Secured Overnight Financing Rate (SOFR), a benchmark interest rate. Trading firm DRW acquired the bond, demonstrating institutional interest in blockchain-based financial instruments. This issuance paves the way for greater efficiency and transparency in the bond market through tokenization and blockchain technology. The bond issuance by Societe Generale marks a pivotal step in the integration of blockchain into mainstream finance. ```