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Buying EUR CoinVertible on Europe’s leading retail broker for buying and selling digital assets is easy, fast and secure.
Crypto-assets are highly volatile. You could sustain a loss of some or all of your investment, so it is important to invest only what you can afford to lose. For a detailed overview of the risks, please review the Risk Disclosure.
Société Générale-FORGE is a subsidiary of Société Générale, created in 2020, licensed as investment firm and as an Electronic Money Institution by the Autorité de Contrôle Prudentielle et de Résolution, and and as digital asset service provider by the Autorité des Marchés Financiers.
The firm is a leading real world assets (RWA) specialist that provides end-to-end services to issuers and professional investors, and supports the issuance and management of crypto-native financial products registered on blockchain protocols (Security Token).
SG-FORGE is also the issuer of one of the first MiCAR compliant electronic money token (EMT), the EUR Coinvertible (EURCV) which is also the only one backed by a tier-1 bank globally within the European Union.
EURCV is one of the 2 first MiCA Regulation compliant EUR stablecoins. The stablecoins are fully collateralized (currently by cash deposited in a segregated bank account) and it’s the only one that is backed by a tier-1 bank.
The issuer, Société Générale-FORGE obtained an electronic money institution licence with the ACPR (Autorité de Contrôle Prudentiel et de Résolution) and has meticulously structured EURCV to ensure all capabilities of an open stablecoin are met: electronic money token compliant with MiCA Regulation and freely transferable without whitelisting restrictions. The token is deployed on the Ethereum network and will soon be multichain (Solana and XRPL coming next).
An investment-grade stablecoin that is fully compliant with MiCA Regulation. The stablecoin is currently fully collateralized by cash deposited in a segregated bank account at a G-SIB (Global Systemically Important Bank). This is an e-money token that is freely transferable without whitelisting restrictions.
There are three major use cases:
A settlement instrument for the security issuances and transactions that are brought on chain by Société Générale-Forge and other major RWA issuers.
An instrument to transfer value cross-border, 24/7, instantaneously and very cheaply. An important use case is B2B cross-border payments. This is also programmatic money supporting corporate treasurers in efficient liquidity management.
An access point to the crypto ecosystem available for trading with major CEX, and transferrable into self-custody wallets for deployment into relevant Decentralised Finance applications (DeFi).
Crypto enthusiasts
Corporate treasurers
RWA issuers and investors
Bitpanda, Bitstamp, Swissborg, Flowdesk, Wintermute, Keyrock
There is a robust collateral structure with stringent collateral eligibility criteria (minimum rating, liquidity) and full availability of such collateral (insulated from Societe Generale-FORGE estate, unencumbered).
Technical implementation through the CAST* Framework to provide a solution that is compatible and compliant with traditional financial practices such as know-your-customer (KYC) and anti-money-laundering (AML) regulations.
The EURCV Ethereum smart contract has been audited by the renowned blockchain security auditor HACKEN in June 2024. Further information and the audit report for EUR CoinVertible (EURCV) can be downloaded below.
Price stability of the EURCV is provided by multiple market makers (Flowdesk, Wintermute, Keyrock) and Preferred Partners are able to mint and burn the EURCV at 1:1 during European banking hours.
EURCV is the only investment-grade stablecoin that is issued by a subsidiary of a G-SIB (Societe Générale).
One of the fastest growing regulated EUR stablecoin following MiCA Regulation entering into force.
Prior to EURCV there was a lack of investment grade solution in the stablecoin market.
EURCV was built using all the experience and expertise developed by Societe Generale Group throughout its 160 years of existence. The stablecoin EURCV is the only one providing a true bridge between the traditional financial system and the digital assets world.
Bitstamp, Bitpanda, Swissborg are the only that can be disclosed at the moment.
BitGo and Zodia Custody accept the token in their custody.
Investing in digital assets carries risks. For more information, including right of redemption please refer to the whitepaper issued by Société Générale - Forge, which can be found on the issuer's website. Bitpanda does not intend to publicly offer the asset.
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