Societe Generale launched EURCV and USDCV on Canton for repo, Tokenize assets, this week as major players like JPMorgan, DTCC and Broadridge also expanded their blockchain infrastructure.
Societe Generale's digital asset subsidiary, SG-FORGE, will deploy two stablecoins, EURCV and USDCV, on the Canton Network to support Tokenize asset management, short-term repo financing, and institutional payments. The French bank is also joining the network as a strategic partner and validator, a move following SG-FORGE's issuance of its first Tokenize green bond on the Canton Network in November 2025.
In terms of current size, EURCV, launched in 2023, has a market Capital of approximately $97 million, while USDCV, launched in 2025, has a circulating supply of around $20 million, according to defillama data. Both stablecoins are limited to participants outside the US and are not registered under the US Securities and Exchange Commission.
Last month, USDCV was also integrated into the MetaMask wallet through a partnership with ConsenSys, expanding its accessibility to the Ethereum ecosystem.
The wave of Tokenize spread this week.
Societe Generale 's announcement is not isolated; it comes in a week where many of the world's leading financial institutions are simultaneously announcing advancements in digital asset infrastructure. JPMorgan filed for the launch of a Tokenize money market fund on Ethereum via its Kinexys Digital Assets unit, investing in US Treasury bills and overnight repurchase agreements.
DTCC, which is expected to process $4.7 trillion in securities transactions by 2025, announced the integration of Chainlink infrastructure into its asset management platform ahead of its planned 2026 launch. Broadridge Financial Solutions is expanding its infrastructure to support equities, funds, and Tokenize money market instruments, with its Distributed Ledger repo platform Tokenize over $365 billion in assets daily.
The overall picture reflects a clear acceleration: according to RWA.xyz, over $31.6 billion in real assets are being Tokenize on blockchain networks, excluding stablecoins, with Tokenize US Treasury bonds accounting for the largest share at over $15.3 billion, followed by commodities at approximately $5.1 billion.
The convergence of big names like Societe Generale, JPMorgan, DTCC, and Broadridge in the same week suggests that asset Tokenize is moving from a pilot phase to a real infrastructure deployment at an institutional scale.
