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

Seturion, a tokenized securities settlement platform under the Stuttgart Stock Exchange Group, has partnered 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 issue tokenized structured securities, such as turbo warrants and investment certificates, on this platform. SG-Forge, which holds a French license for operating in the crypto asset market, will use its euro and US dollar stablecoins, EURCV and USDCV, to complete transaction settlements. flatexDEGIRO will be responsible for connecting the platform with European retail channels to facilitate tokenized securities trading.