Société Générale, through its digital assets subsidiary SG Forge, has completed its first digital bond issuance in the United States using Broadridge Financial Solutions’ new tokenization capability.

The transaction showcases how leading institutions can leverage tokenization and permissioned blockchain technology to unlock the benefits of instant settlement and transparency while adhering to traditional capital markets practices and requirements.

Broadridge says its tokenization capability enables firms to issue, trade, and manage securities in digital form with embedded privacy, credential management, and direct investor ownership capabilities.

Broadridge and SG Forge used IntellectEU’s Catalyst Blockchain Manager to operate their nodes on the Canton Network.

“Broadridge is uniquely positioned to lead the tokenization of corporate and structured bonds, given its proven track record of leveraging blockchain technology and delivering innovative solutions for our clients,” says Horacio Barakat, head of digital innovation at Broadridge.

“The expansion of tokenization beyond treasuries into corporate and structured bonds is an exciting step – one that will help increase the liquidity and utility of these assets across financing and collateral use cases.”

This tokenization capability complements the Broadridge Distributed Ledger Repo ( DLR ) platform, which processed an average of US$385 billion in daily repo transactions in October.

DLR is the world’s largest institutional platform for settling tokenized real assets. It harnesses the transformative power of tokenization and smart contracts to accelerate collateral velocity, improve liquidity management, and reduce trade processing costs. The platform is interoperable within both traditional and blockchain-based market infrastructure.