Custody

Societe Generale-FORGE to launch a USD-denominated stablecoin on Ethereum and Solana public blockchains with BNY as reserve custodian. 

The custodian will utilise a range of class action monitoring, reporting, filing and recovery services.  

Initiative is focused on enabling secure, compliant participation in the emerging market for tokenised gemstones. 

Custodian will provide front-to-back servicing capabilities for the new fund and an on-the-ground presence in the Middle East and Asia.  

The fund sought a provider to help navigate the transition to a defined contribution system in the Netherlands.  

Mandate highlights continued demand for tailored, cross-border custody solutions among institutional managers. 

Dutch pension fund awards €5.4 billion mandate to BNP Paribas for custody and administration ahead of major pension reforms. 

Mandate supports Future Growth Capital’s private markets push for UK pension schemes.  

The newly-formed unit will be led by Paul Maley, who has led the securities services team since 2021.

US Securities and Exchange Commission filing outlines plans for a digital share class using distributed ledger technology to track ownership records.