TechFlow News, May 21: Seturion, the tokenized securities settlement platform owned by 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 its Seturion platform. SG-Forge, which holds a crypto-asset market operator authorization from French regulators, will use its CoinVertible euro and U.S. dollar stablecoins (EURCV and USDCV) for transaction settlement. Meanwhile, flatexDEGIRO will connect the platform to its European retail distribution channels for trading tokenized securities.
