Today the Luxembourg Stock Exchange announced that three security tokens issued by Societe Generale (SocGen) have been listed on LuxSE SOL. SocGen Forge issued two covered bonds on the Ethereum blockchain in 2019 and 2020, and last year it issued a structured product on Tezos.
However, the security tokens are not tradeable via the exchange. Today’s announcement is purely a listing to give the securities a higher profile and indicative prices. LuxSE SOL listings are relatively low cost and don’t require substantial disclosure.
“This constitutes yet another significant step towards the digital transformation of the Luxembourg Stock Exchange, and a very first building block in our contribution towards price discovery and transparency of financial instruments issued using DLT,” said Julie Becker, CEO of LuxSE. “
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