The $GLE (+0,09 %) FORGE subsidiary was the first company in France to receive the highest crypto license!

The DASAP license now allows FORGE to offer services such as crypto custody, trading and sales. This shows that the company meets the highest security and compliance standards. Previously, other crypto companies had registered with the French market regulator, but only FORGE received the highest level of approval.

It's really cool to see Société Générale getting involved in the crypto space. They have already launched euro bonds and securities tokens on the blockchain. Just in April, they launched EUR CoinVertible - a stablecoin pegged to the euro for qualified institutional clients.

What do you guys think of this development? Do you think FORGE and Société Générale will succeed with their crypto strategy? What impact could these developments have on the crypto market?