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