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Société Générale – FORGE

Société Générale – FORGE is a private subsidiary of Société Générale, specializing in digital assets with a focus on stablecoins like EUR CoinVertible.

HeadquartersParis, France
Founded2018
CEOJean-Marc Stenger
StagePrivate
FoundersSociété Générale Group
Key InvestorsSociété Générale
Websitewww.sgforge.com ↗
X@SG_Forge ↗
LinkedInsgforge ↗

Products

EURCV active $141M
EUR CoinVertible
Fiat Backed

EUR CoinVertible (EURCV) is a euro-pegged stablecoin launched by Société Générale–FORGE, fully backed by reserves and compliant with MiCA regulations.

Société Générale – FORGE, founded in 2018, is a subsidiary of Société Générale dedicated to digital assets, headquartered in Paris, France. It is led by CEO Jean-Marc Stenger.

SG-FORGE holds an Electronic Money Institution (EMI) License from the French ACPR and a Digital Asset Service Provider (DASP) License from the AMF.

Regulatory Status

France
Electronic Money Institution licence from ACPR for EUR CoinVertible issuance
licensed2024
EU
MiCA e-money token issuer for EURCV
licensed2024

Frequently Asked Questions

What stablecoin does Societe Generale-FORGE issue?
Societe Generale-FORGE issues EUR CoinVertible, commonly referenced by the ticker EURCV, as its euro-denominated stablecoin. SG-FORGE launched EURCV in April 2023 on the Ethereum public blockchain for institutional clients.
Is EURCV MiCA compliant?
SG-FORGE states that EUR CoinVertible has been fully compliant since the inception of MiCA stablecoin regulation on 1 July 2024. In July 2024, SG-FORGE said it had restructured EURCV to meet MiCA requirements and support free transferability without whitelisting restrictions.
How is EURCV backed?
Public market descriptions state that EURCV is fully backed on a one-to-one basis by reserves consisting of bank deposits and high-quality liquid assets. SG-FORGE describes CoinVertible tokens as redeemable 1:1 through SG-FORGE or preferred partners, subject to the relevant white papers.
What chains is EURCV available on?
EURCV was originally launched on Ethereum in 2023, and public venue disclosures later described deployments on Solana and XRP Ledger. For production use, SG-FORGE's own white papers and contract-address publications should be treated as the controlling source.

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