Societe Generale, the world’s 19th-largest banking group, has announced a strategic collaboration with digital asset issuer 21Shares to deliver liquidity and market-making services for Bitcoin and Ethereum exchange-traded products (ETPs) across Germany and Eastern Europe. This partnership focuses exclusively on regulated crypto investment vehicles such as ABTC, CBTC, AETH, and CETH, reinforcing institutional confidence in the European digital asset ecosystem.
Leveraging its expansive $1.7 trillion asset base, Societe Generale aims to enhance market efficiency and scalability for crypto ETPs, addressing institutional demand for reliable liquidity solutions. The initiative aligns with the bank’s broader blockchain strategy, spearheaded by its subsidiary Societe Generale-FORGE, which developed the MiCA-compliant stablecoin EUR CoinVertible (EURCV).
The collaboration operates under the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework, ensuring adherence to compliance standards for crypto-asset service providers. This structured approach reinforces investor protection while promoting the integration of regulated digital assets within traditional financial systems.