.svg){kind=small}
.svg){kind=small}
.svg){kind=small}
Win a US$10m investment. Register now for the Bullish Professional Trading Competition.
SG-FORGE is a fully integrated and regulated subsidiary of Societe Generale group. It is licensed as an Electronic Money Institution (EMI) by the French "Autorité de contrôle prudentiel et de résolution" (ACPR). This licensing reinforces SG-FORGE's commitment to long-term compliance and infrastructure resilience within financial markets.
Both USD CoinVertible and EUR CoinVertible are classified as Electronic-Money Tokens (EMT) and are fully compliant with the European Union's Markets in Crypto-assets (MiCA) regulation. This makes SG-FORGE a key player in bringing regulated digital assets to public blockchains within the EU framework.
For the USD CoinVertible (USDCV), The Bank of New York Mellon Corporation (BNY), a global financial services company, acts as the reserve custodian. BNY's role combines its heritage as a leading global custodian with its expertise in digital assets, enabling seamless integration between traditional and digital financial ecosystems for USDCV.
USDCV officially launched on June 10, 2025, on both the Ethereum and Solana public blockchains. Trading of USDCV was expected to start in early July 2025.
SG-FORGE's CoinVertible stablecoins adhere strictly to the European Markets in Crypto Assets (MiCA) regulatory framework and maintain full collateralization. The collateral composition and valuation backing USDCV are publicly disclosed on a daily basis on the SG-FORGE website. The collateral composition adheres to stringent eligibility criteria (e.g., minimum rating, liquidity). The reserves are 1:1 collateralized by cash deposits or high-quality securities, held in segregated accounts by authorized financial institutions.bThese assets are managed by independent fiduciaries and are not commingled with SG-FORGE's general assets, ensuring full access to the value of tokens for users.
