Societe Generale, France’s Third-Largest Bank Makes Proposals For DeFi Protocol Makerdao


French multinational investment bank, Societe Generale makes a proposal on October 1 for Makerdao’s governance forums (MIP6 application) tagged; “Security Tokens Refinancing”. This project if approved is targeted at utilizing the DAI stablecoin to refinance a covered bond concept. The bank’s digital currency division explains further how it will combine traditional capital market activities with the growing decentralized finance