So, hold onto your wallets, crypto fans! Societe Generale, which is basically the banking world’s equivalent of Ryan Gosling—handsome and very, very big—has decided to join forces with 21Shares, because why not? Turns out, they want to sprinkle a little liquidity on their crypto ETPs, and what better way to do that than to partner with a cryptocurrency asset manager? 🎉
In this delightful union, Societe Generale will be pumpin’ up the crypto party in Germany and Eastern Europe. Translation: They’re setting up shop to make it rain liquidity in the world of Bitcoin (BTC) and Ether (ETH) ETPs. That’s right, folks! They’re basically handing out water bottles at the hottest crypto summer camp. ☔️
The European banking titan is promising over-the-counter (OTC) liquidity for 21Shares’ array of crypto products—ABTC, CBTC, AETH, and CETH. What’s that? You want to invest in crypto but find it more confusing than a Rubik’s Cube? Societe Generale is here to simplify everything and avoid turning your investments into a dramatic soap opera. 🎭
Alistair Byas-Perry, the head honcho over at 21Shares, is just over the moon about this. “We’re sooooo thrilled! It’s like finding a five-dollar bill in last winter’s coat,” he might have said. 💸
With about $1.7 trillion in assets, Societe Generale isn’t just playing Monopoly—it’s like they’re holding the entire game. They’re serious about these blockchain gains! 🏦💪
The Blockchain Bonanza Continues!
Martina Schroettle at Societe Generale is doing her best jazz hands impression as she dishes out praise for this partnership. “This is a big deal, folks! Like, bigger than my last birthday party,” she might have exclaimed. 🎊
And speaking of things getting bigger, Societe Generale is diving into the blockchain deep end. Just this past September, they teamed up with Bitpanda to boost their euro-denominated stablecoin, EUR CoinVertible. Talk about wanting to get in on the action before the EU’s Markets in Crypto-Assets Regulation (MiCA) framework shows up like a surprise guest at a party. 🎉🎭
CryptoMoon even tried to reach out for a comment on Societe Generale’s overall blockchain antics, but it seems like they’re ghosting us. Typical! 👻
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2025-07-24 15:22