Société Générale - Forge appoints MEV Capital for the on-chain deployment and management of its regulated stablecoins.

MEV Capital, General Partner and exclusive asset manager of Belem Capital, to oversee Société Générale-Forge’s stablecoin operations within the decentralized-finance ecosystem.

Luxembourg, 30 September 2025

Société Générale – Forge (“SG-FORGE”), the digital-asset subsidiary of Société Générale Group, has appointed MEV Capital as on-chain asset manager and distribution partner for the deployment of its USD CoinVertible (USDCV) and EUR CoinVertible (EURCV) stablecoins within the decentralized-finance (DeFi) ecosystem. This strategic collaboration marks a milestone in the institutional integration of decentralized infrastructures, enabling one of Europe’s largest banking groups to operate natively on public blockchains through a fully regulated framework.

A new chapter for institutional DeFi.

Following the initial issuance of EURCV and USDCV under MiCA-aligned standards, SG-FORGE now extends access to decentralized liquidity and lending markets. Through MEV Capital’s infrastructure, both stablecoins are being integrated into DeFi protocols such as Morpho and Uniswap, allowing secure, transparent, and traceable financial operations executed 24/7 by smart contracts.

Within this framework, MEV Capital, acting as curator and risk manager, supervises the configuration of lending vaults, defines eligible collateral parameters, and ensures optimal capital allocation and risk control.Liquidity operations on decentralized exchanges are supported by specialized partners including Flowdesk, under SG-FORGE’s oversight.

A significant step toward institutional blockchain adoption.

This initiative demonstrates how regulated financial institutions can now interact directly with DeFi protocols in a secure, compliant manner — combining the transparency and efficiency of blockchain with the prudential frameworks of traditional banking.

For Belem Capital and its investors, it represents a concrete usecase of large-scale institutional adoption of the infrastructures and methodologies that underpin its strategies.

About Belem Capital.

Belem Capital is a Luxembourg-based investment vehicle powered by MEV Capital, a technology-driven manager with over $1.8B in digital assets under management and custody. 

Media contact- press@belemcapital.com

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Belem Capital is a Special Limited Partnership based in Grand Duchy of Luxembourg, under registration with the  Register of Commerce and Corporations, with head office located  152 Boulevard de la Pétrusse, L-2330 Luxembourg.