The first TradFi and DeFi crossover transaction was presented by French bank Société Générale to MakerDAO.

SG is running an experiment by transferring tokenized bonds (backed by home loans) issued in the Ethereum blockchain and using them as collateral in exchange for $DAI.X 

MakerDAO could diversify asset collateral away from crypto only and into traditional (and less volatile) securities.

https://thedefiant.io/socgen-wants-to-borrow-20m-dai-on-makerdao-using-tokenized-bonds-as-collateral/

Robert Kinnam

There’s a meme on crypto Twitter that calls DeFi the &#8220;future of France” as a play on the phrase the future of finance. Well, there may be more truth to the meme than many expected. Société Générale, the third-largest bank in France, has proposed to borrow Dai in MakerDAO using bonds it issued on the&hellip;

https://thedefiant.io/socgen-wants-to-borrow-20m-dai-on-makerdao-using-tokenized-bonds-as-collateral/

SocGen Wants To Borrow 20M Dai on MakerDAO Using Tokenized Bonds as Collateral - The Defiant

This member is verified by the Commonstock team based on their contributions to the Commonstock community. 

Verified Member

This member connected a brokerage account and is sharing trades and portfolio performance with the community. 