Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral | Blockchained.news Crypto News LIVE Media


In a proposal Thursday on MakerDAO's governance forums, French multinational banking giant Société Générale (SocGen) applied for the DeFi lending platform to accept on-chain bond tokens issued by the bank as collateral for a stablecoin DAI loan for up to $20 million. "The Hash" panel discusses the historic step towards institutional adoption of DeFi.

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