Société Générale proposes historic $20M DAI loan in exchange for bond tokens By Cointelegraph

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One of France’s leading banks has turned to decentralized finance pioneer MakerDAO to propose the submission of bond tokens as collateral for a loan of the DAI stablecoin. The historic proposal, called “Security Tokens Refinancing,” was submitted to Maker’s governance forums by the international bank on Friday. It would be the first major collaboration between a traditional bank and a DeFi protocol, and could open the door for closer integration between the two sectors. Source: forum.makerdao.comContinue Reading on Coin Telegraph Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any re
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