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SG Forge

SG Forge

Live
Stablecoin77

Societe Generale's digital asset subsidiary issuing EUR and USD CoinVertible

Upvotes

343

Views

2,253

Score

77

Algorithm Analysis: SG Forge

77/100
Activity76/100
Maturity84/100
Community80/100
Transparency80/100
Documentation65/100

SG Forge, as a subsidiary of Societe Generale, demonstrates strong transparency and maturity due to its regulatory compliance and backing by a major financial institution. The live product, EUR CoinVertible, showcases real-world impact in the tokenized assets space, although the documentation could be improved to enhance user understanding and engagement.

Last analyzed: Apr 14, 2026

SG Forge on Canton

Societe Generale digital asset subsidiary. MiFID2 + MiCA EMI regulated. Issues EURCV and USDCV stablecoins on Canton + Ethereum/Tezos/Solana/Stellar. Bank-backed stablecoin issuer.

About SG Forge

SG Forge is the digital assets subsidiary of Societe Generale, regulated under MiFID2 and MiCA. Issues EUR CoinVertible and USD CoinVertible stablecoins and participates in Canton Network tokenization, custody, and institutional settlement pilots.

Features

What the product does

EUR CoinVertible

Institutional euro-denominated stablecoin

Bank-Backed

Subsidiary of Societe Generale, a major European bank

Digital Asset Structuring

Tokenization and structuring services for institutional clients

Regulatory Compliance

Operates under European banking regulatory framework

SG Forge Team

JS

Jean-Marc Stenger

CEO

SG Forge FAQ

EUR CoinVertible is an institutional-grade euro-denominated stablecoin issued by SG Forge, backed by Societe Generale.
Yes, as a subsidiary of Societe Generale, SG Forge operates under European banking regulations and has obtained digital asset service provider registration.

Connected Projects

SG-FORGE is Societe Generale regulated digital asset subsidiary bridging capital markets and blockchain. Issues the EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) stablecoins, plus tokenized bonds, structured products and Smart Cash. The only stablecoin issuer backed by a major European bank, operating under MiFID2 (investment firm) and MiCA (Electronic Money Institution) licenses. Founded 2018 as an internal SocGen intrapreneurial startup, formalized as a fully integrated subsidiary. Stablecoins deployed across Ethereum, Tezos, Solana, Stellar, and Canton Network. Partners include ConsenSys (MetaMask distribution), MakerDAO, BPI France.