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SocGen

October 01, 2021
SocGen Wants To Borrow 20M Dai on MakerDAO Using Tokenized Bonds as Collateral

SocGen Wants To Borrow 20M Dai on MakerDAO Using Tokenized Bonds as Collateral

There’s a meme on crypto Twitter that calls DeFi the “future of France” as a play on the phrase the future of finance. Well, there may be more truth to the meme than many expected. Société Générale, the third-largest bank in France, has proposed to borrow Dai in MakerDAO using bonds it issued on the…