Tokenized securities settlement platform Seturion collaborates with Société Générale and others to build a blockchain-based securities settlement system

Odaily reports that Seturion, the tokenized securities settlement platform under the Stuttgart Stock Exchange Group, is joining forces with Société Générale, its crypto subsidiary SG-Forge, and online broker flatexDEGIRO to build a blockchain-based securities settlement system in Europe.

Société Générale will use the platform to issue tokenized structured securities such as turbo warrants and investment certificates. SG-Forge, which holds a license to operate in the French crypto asset market, will facilitate transaction settlements using its euro and US dollar stablecoins, EURCV and USDCV. flatexDEGIRO will be responsible for connecting the platform with European retail channels to roll out tokenized securities trading services.