Societe Genereale, the world’s largest group of bank assets in the world, cooperates with Cryptocurrency Asset Manager 21 to provide liquidity for its products circulating on the ETPS in European markets.
As part of the partnership, Societe Genereale will provide liquidity and market making services for 21shares cryptocurrency etps for investors in Germany and Eastern Europe.
The European banking giant will provide liquidity that does not need a prescription (OTC) to support Bitcoin (BTC) and ETHER (ETH), including ABTC, CBTC, ATH, CETH-TALKERED Funds and 21shares Declare Wednesday.
The bank’s participation is expected to improve, enhance liquidity and simplify access to investment vehicles in encryption for institutional investors.
“We are pleased to cooperate with Societe Genereale, a major player in the European ETF area, where we continue to expand our ETPS access,” said Alistair byas-Perry, the global capital of capital and investment markets in Europe, the Middle East and Africa.
He added: “By bringing liquidity to Bitcoin and Ethereum Etps, Societe Genereale helps us to advance our mission to provide the most efficient and reliable encryption solutions to the market.”
Societe Genereale has more than $ 1.7 trillion of total assets from 2023, According to To S & P Global Data.
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The partnership continues
It is worth noting that the Societe Generele partnership with 21shares, according to Martina Sherotett, the head of the ETF (UK) sales trade in Societe General.
“This represents a great milestone in our commitment to providing innovative liquidity solutions and enhancing access to a wide range of traded investment funds and ETP for our customers.”
The bank was also exploring additional breaks related to breaks.
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In September 2024, its Society Genereale, with Bitpanda to enhance the adoption of Stableco Eur Coinvertible (EURCV).
This partnership came before the full implementation of the European Union markets within the framework of the organization of encrypted trim (MICA), which is the first comprehensive regulatory framework for the encryption industry that entered into force for encrypted asset service providers on December 30, 2024.
CointeleGRAph has communicated with Societe Genereale to comment on the broader Blockchain initiatives, but she did not receive a response to the publication.
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2025-07-24 12:14:00
