Seturion collaborates with Société Générale and SG-FORGE to develop a blockchain-based securities settlement system

The tokenized securities settlement platform Seturion, part of the Stuttgart Stock Exchange Group, is collaborating with Société Générale, its cryptocurrency subsidiary SG-Forge, and online broker flatexDEGIRO to build a blockchain-based securities settlement system in Europe.

Société Générale will issue tokenized structured securities on its Seturion platform, such as Turbo warrants and investment certificates. SG-Forge, which holds a crypto asset market license issued by French regulators, will use its CoinVertible euro and dollar stablecoins EURCV and USDCV for transaction settlement. Meanwhile, flatexDEGIRO will connect the platform to its European retail channels for tokenized securities trading.