Société Générale Accepts $10M in DTCC-Tokenized Treasuries as Collateral

The significance lies less in the size than in the plumbing: a major bank accepted tokenized Treasuries through its existing collateral systems rather than a bespoke setup, which is the test that matters for institutional adoption. It affects collateral and repo desks weighing whether tokenized assets can slot into routine workflows without new infrastructure. Whether recurring movements and repo financing actually follow is the open question, and that will show if this is a repeatable process or a one-off proof of concept.