news 
Societe Generale has taken a significant step in expanding its role in the cryptocurrency market by partnering with 21Shares to provide over-the-counter (OTC) liquidity for Bitcoin and Ether exchange-traded products (ETPs) across Germany and Eastern Europe. The French multinational bank, which holds assets worth over $1.7 trillion, has strategically positioned itself at the forefront of institutional-grade trading services tailored specifically to crypto exchange-traded products.
The partnership will allow Societe Generale’s infrastructure to power the trading of Ethereum-backed securities on key exchanges in the aforementioned regions, providing institutional clients with efficient ways to enter Ether markets without having to hold direct asset custody. The move underscores the bank’s commitment to blockchain finance within regulated European markets.
By offering precise market-making strategies, strong OTC support, and compliance with European regulations, Societe Generale aims to provide smooth trade execution and greater liquidity for institutional Ether exposure. This cooperation further solidifies the bank’s position in the digital asset space, reinforcing its long-term dedication to fostering blockchain innovation under the MiCA framework.
As part of this collaboration, Societe Generale will also support the trading of ABTC, CBTC, AETH, and CETH ETPs. The partnership with 21Shares is a testament to Societe Generale’s strategic expansion into tokenized finance within regulated European markets under MiCA compliance.
The deal marks a critical development in accessible institutional crypto investing, as investors can now leverage these services from the bank directly.
Source: coincentral.com
