French banking giant Societe Generale is deepening its crypto footprint by partnering with 21Shares to offer liquidity for its crypto-based exchange-traded products (ETPs) across Germany and Eastern Europe.
The move positions the $1.7 trillion institution as a key market-maker in the region’s evolving digital asset investment space.
As part of the deal, Societe Generale will deliver over-the-counter liquidity for several 21Shares products, including its Bitcoin (ABTC, CBTC) and Ethereum (AETH, CETH) ETPs. The partnership is aimed at improving execution and access for institutional investors seeking regulated crypto exposure via traditional infrastructure.
21Shares’ global head of capital markets, Alistair Byas-Perry, said the collaboration enhances the firm’s ability to deliver efficient and trusted crypto investment vehicles to the European market.
The announcement also reflects Societe Generale’s ongoing push into blockchain and tokenized finance. In 2024, its digital asset arm FORGE partnered with Bitpanda to support its euro-backed stablecoin, EURCV — an effort aligned with the EU’s Markets in Crypto-Assets (MiCA) regulatory rollout.
As Europe races to integrate digital assets into its regulated financial system, Societe Generale’s dual focus on stablecoins and crypto ETPs highlights its ambition to bridge traditional finance with on-chain innovation.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/societe-generale-teams-up-with-21shares-to-support-crypto-etps/