Seturion collaborates with Société Générale, SG-FORGE, and others to develop a blockchain-based securities settlement system.
Foresight News reports that the tokenized securities settlement platform Seturion, under the Stuttgart Stock Exchange Group, has partnered with Société Générale, its cryptocurrency subsidiary SG-Forge, and the online broker flatexDEGIRO to build a blockchain-based securities settlement system in Europe. Société Générale will issue tokenized structured securities such as Turbo warrants and investment certificates on its Seturion platform. SG-Forge, which holds crypto asset market authorization from French regulators, will use its CoinVertible euro and dollar stablecoins EURCV and USDCV for transaction settlement. flatexDEGIRO will connect the platform to its European retail channels for tokenized securities trading.
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