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

Seturion, the tokenized securities settlement platform under the Stuttgart Stock Exchange Group, has joined 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 utilize 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 use its euro and US dollar stablecoins, EURCV and USDCV, to complete transaction settlements. Meanwhile, flatexDEGIRO will be responsible for connecting the platform with European retail channels to facilitate tokenized securities trading services.