Société Générale Offers Historic $ 20 Million DAI Loan In Exchange For Bond Tokens By Cointelegraph


One of the main French banks turned to decentralized finance pioneer MakerDAO to offer bond token submission as collateral for a loan from DAI stablecoin.

The landmark proposal, titled “Security Tokens Refinancing,” was submitted to Maker’s governance forums by the international bank on Friday. It would be the first major collaboration between a traditional bank and a DeFi protocol, and could open the door to closer integration between the two sectors.


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