Bank subsidiary (EMI) · France
Societe Generale-FORGE
Société Générale - Forge · LEI 969500FX8K40ZDW4F377 · sgforge.com (opens source in new tab)
Crypto readiness score
3/3 status dimensions verified · 2 initiatives · last verified 2026-10-22
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | 35 | Live — commercial, within explicit scope · initiative |
| Regulatory standing | 25 | 25 | Approved / authorised · initiative |
| Technical delivery | 20 | 20 | Live — commercial, within explicit scope · initiative |
| Product breadth | 15 | 5 | 1 product category with a verified status: Stablecoin issuance |
| Recent verified activity | 5 | 0 | No verified change in the last 365 days |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (2)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Stablecoin issuance · EU (not available to US persons)
EUR CoinVertible (EURCV) euro stablecoin
- regulatory
- Approved / authorised2024-07-01
- technical
- Live — commercial, within explicit scope2023-04
- commercial
- Live — commercial, within explicit scope2025-09-23
SG-FORGE, Societe Generale’s crypto-asset subsidiary, issues the EURCV euro e-money token; ESMA’s register lists it as an ACPR-authorised EMI issuer.
Scope: Not available to US persons.
In tracker · last verified 2026-10-22
Stablecoin issuance · EU (not available to US persons)
USD CoinVertible (USDCV) dollar stablecoin, BNY as reserve custodian
- regulatory
- Approved / authorised
- technical
- Live — commercial, within explicit scope2025-09-23
- commercial
- Live — restricted / specific counterparties2025-09-23
SG-FORGE announced USDCV on Ethereum and Solana in June 2025 with BNY as reserve custodian; Bullish Europe became the first venue to offer it in September 2025.
Scope: Not available to US persons.
In tracker · last verified 2026-10-22
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
- Approved / authorised EUR CoinVertible (EURCV) euro stablecoin
ACPR (France), ESMA · 1 Jul 2024
PrimaryESMA interim MiCA register — EMT issuers (rows: Société Générale - Forge) (opens source in new tab)
- Approved / authorised USD CoinVertible (USDCV) dollar stablecoin, BNY as reserve custodian
ACPR (France), ESMA
PrimaryESMA interim MiCA register — EMT issuers (rows: Société Générale - Forge) (opens source in new tab)
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
- Ethereum · network stated (tracker)
- Solana · network stated (tracker)
- BNY · named role (tracker) · reserve custodian
Regulator records & actions
Register entries and regulator publications that name this institution.
- 2026-10-22Primary record · European Securities and Markets AuthorityESMA interim MiCA register — EMT issuers (rows: Société Générale - Forge) (opens source in new tab)
Markets (from stated target markets): European Union / EEA
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2025-09-23 · Status
First offered via Bullish Europe.
2025-06-10 · Status
Launch announced; BNY reserve custodian.
2024-07-01 · Status
EUR CoinVertible (EURCV) euro stablecoin: regulatory Approved / authorised (opens source in new tab)
ESMA register authorisation/notification date for SG-FORGE as EMT issuer.
2023-04 · Status
EURCV launched (per SG-FORGE).
Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections